China announced on Thursday (December 21) that a series of technologies such as export extraction and separation strategic metal rare earth were prohibited to maintain China's dominant position in rare earth technology.
According to the official website of the Ministry of Commerce of China, the Ministry of Commerce and the Ministry of Science and Technology jointly issued the announcement of China's prohibition of export restrictions on export technology on Thursday, with a total of 24 categories that prohibit exports, and 110 categories restricted exports.The announcement came into effect from the date of release.
The prohibition of export projects includes a "refining, processing, and utilization technology of rare earth", the main points of control are: rare earth extraction separation process technology; production technology of rare earth metals and alloy materials;; Rare earth boric acid oxygen calcium preparation technology.
Documents show that the implementation of the export ban is mainly "safeguarding national security, social public interests or public morality."The technology that is prohibited from exports shall not be exported; it is a technology restricted to export, and license management is implemented.
Comprehensive Reuters and Agence France -Presse reported that rare earth is a strategic metal that is used to manufacture technology products such as mobile phone chips, LCD screens, magnets, etc. China is the world's largest rare earth processing country. China's rare earth output accounts for global smelting production.90%.Western rare earth companies can only be discouraged because of the technical complexity and pollution problems of rare earth refining, processing, and utilization.
Although Western countries have tried to carry out their own rare earth processing business, it is expected that the ban will have a maximum impact on the production of heavy rare earth.Heavy rare earth is used for electric vehicle engines, medical equipment and weapons and equipment, and China's smelting in these fields has almost occupied a monopoly position.
Bloomberg said that the new regulations do not affect the exit of rare earth products itself, but may intend to defeat the efforts to develop the rare earth industry outside China.
