On Thursday, China took a significant step to tighten its hold on the rare earth sector by expanding export controls, specifically targeting processing technology and unauthorized overseas collaborations. This move demonstrates China's intent to further restrict exports, particularly to foreign defense and semiconductor industries.

The Ministry of Commerce's recent announcement builds on sweeping controls initiated in April, which had led to significant global shortages before negotiations with Europe and the U.S. allowed for some shipments to resume. China, responsible for over 90% of the world's processed rare earths, understands the critical role these 17 elements play in advanced technologies like electric vehicles, aircraft engines, and military radars.

In addition to restricting te

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