China may ban export of technologies used to produce high-performance rare earth magnets | Forexlive
Japan media (Yomiuri Shimbun) with the report:
- China is considering banning the export of technologies used to produce high-performance rare earth magnets deployed in electric vehicles, wind turbine motors and other products, citing “national security” as a reason
- Beijing is currently in the process of revising its Catalogue of Technologies Prohibited and Restricted from Export — a list of manufacturing and other industrial technologies subject to export controls
- … manufacturing technologies for high-performance magnets using such rare earth elements as neodymium and samarium cobalt were added to the export ban in a draft
—
Note the draft referred to above was issued in December 2022.