Slow Chinese Rare-Earth Exports Threaten Global Supply Chains

China’s move to ease export restrictions on rare earths is causing concern as approvals for shipments are proceeding slowly, risking disruption of global supply chains. While Beijing loosened its control over seven key minerals used in various industries like electric vehicles and advanced weaponry, industry experts warn that the pace of approval remains inadequate. Exporters and trade groups highlight the delays, urging a swift resolution to prevent significant production halts in Europe.