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Caixin Global
Caixin Global
Business
Wang Xintong

China Tightens Grip on Rare Earths to Ensure ‘Industrial Security’

What’s new: China has rolled out new rules that tighten its control on its rare earth supply chain, as the country seeks to ensure the security of its natural resources while boosting the industry crucial to the green transition.

No organization or individual may “encroach upon or destroy” rare earth resources that belong to the state, according to the regulation released by the State Council, China’s cabinet, on Saturday.

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