We The People

We The People

Sunday, April 9, 2023

Report: China May Soon Ban Exports of Rare-Earth Magnet Tech to Weaken U.S., Japan

Report: China May Soon Ban Exports of Rare-Earth Magnet Tech to Weaken U.S., Japan

The Japanese financial newspaper Nikkei Asia reported on Thursday that the government of China is considering banning the export of technology used to create rare-earth fueled high-performance magnets, often used in electric vehicles and other advanced technology.

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