China plans to ban rare earth magnet exports

According to Japanese media reports, the Chinese government is currently discussing that in the future, it is intended to "prohibit export of high -performance magnetic manufacturing technology for the use of rare earth." The report pointed out that the technology of high -performance magnets is widely used in products such as electric vehicles (EV). In the fields of semiconductors, the United States is strengthening management, and China is suspected to be to confront the United States.

Bloomberg News quoted the Japanese Economic News report on the 6th, pointing out that the Chinese government is considering prohibiting exports to export high -performance magnetic manufacturing technology. According to reports, China ’s Ministry of Commerce and Science and Technology, in the revision of the“ China Prohibition of Export Restricted Export Technology Catalog ”published last year, increased and modified 43 items to strengthen restrictions through detailed technical conditions. For the refining and processing of rare earths that restrict exports, detailed regulations have been added.

The United States United League has strongly built the surround net to block the development of China's semiconductor. Following the announcement of the Netherlands on March 8th, after the summer will be further restricted to the semiconductor equipment, Japan also stated on the 31st that it will strengthen 23 semiconductor equipment from July from July. Export control, but Japan emphasizes "non -specific countries."

According to the "TBS" report, in response to the export of China's intended restrictions on the export of rare earth magnet technology, Matsuni Kako, the chief of the Cabinet official house, said on the 5th that "the influence of the Chinese system will continue to pay attention to" and emphasize that "hopes to strengthen the supply chain of important minerals such as important minerals." Essence

Article Source: Yahoo News