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state-owned rare earth enterprise has informed some Japanese companies that it will not enter into new contracts for shipments to Japan. This is the first confirmed case of a Japanese firm being refused the purchase of rare earths.
The company is reportedly also considering terminating existing contracts.
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Byron Wan
@Byron_Wan
China's restrictions on exports of rare earth-related products to Japan include those for non-military use. The move comes as Beijing has been strengthening export controls on dual-use items to Japan, ratcheting up pressure amid a bilateral spat.
Earlier this week,
Ministry x.com/byron_wan/stat…
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