Workers transport soil containing rare earth elements for export at a port in Lianyungang, Jiangsu province, China. China Stringer Network/Reuters

Beijing imposed new restrictions on rare earth exports on Thursday, targeting critical minerals production technologies and their overseas use, including for military and semiconductor applications.

China dominates the global processing of rare earths – essential in everything from everyday electronics to fighter jets. The latest move came as Beijing engaged in trade talks with the United States and ahead of an expected meeting between Chinese leader Xi Jinping and President Donald Trump on the sidelines of the APEC summit in South Korea later this month.

Under the new rules, licenses will be required for the export of technologies used i

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