China Tightens Grip on Rare Earth Metals, Declaring State Ownership China has introduced new measures to strengthen its control over rare earth metals, declaring them state property and implementing a traceability database from October 1. As the world’s largest producer and refiner of these critical resources, China’s actions have significant implications for global supply chains in technology, automotive, and renewable energy sectors. This move, along with previous export restrictions on related technologies and materials, has prompted concerns about potential supply disruptions and sparked efforts by the US and EU to secure alternative sources of rare earth metals to reduce dependence on China. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Hedge Funds Go for Gold as Political and Economic Uncertainties Loom READ MORE Gold Prices Rebound Amid Rate Cut Speculations and Data Focus READ MORE US dollar's dominance secure, BRICS see no progress on de-dollarization -report By Reuters READ MORE China Doubles Down on Moves to Avert a Financial Crisis READ MORE Trump Warns Fed Against Pre-Election Rate Cuts, Hints at Conditional Support for Powell READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment