{"id":265599,"date":"2025-11-01T20:17:10","date_gmt":"2025-11-01T20:17:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/265599\/"},"modified":"2025-11-01T20:17:10","modified_gmt":"2025-11-01T20:17:10","slug":"chinas-pause-on-rare-earth-export-controls-extends-to-eu-politico","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/265599\/","title":{"rendered":"China\u2019s pause on rare earth export controls extends to EU \u2013 POLITICO"},"content":{"rendered":"

China has tightened its grip<\/a> on critical minerals, expanding export controls on rare earths and other materials vital to the clean-tech and defense industries. The EU, which relies on China for almost 99 percent of its rare earth supply, has been scrambling to reduce its dependency<\/a>.<\/p>\n

Speaking to reporters in Rome<\/a> on Friday, \u0160ef\u010dovi\u010d said the EU is now having “high-level official talks<\/a> on export controls” with China. “I will speak again with my Chinese counterpart very, very soon,” he added.<\/p>\n

\u0160ef\u010dovi\u010d also said that he envisioned a “common purchase of critical raw materials”<\/a> by the EU. “We can do the bidding on behalf of the biggest trading bloc in the world, which is the European Union, and to get the critical raw materials for a better price<\/a>,” the EU trade chief said.<\/p>\n

Beijing\u2019s export controls have rattled markets and snarled supply chains, with European companies facing long delays and sharp price increases<\/a> due to shortages of raw materials. The European Commission hustled to secure its own supplies of rare earth magnets and to launch a plan to diversify Europe\u2019s supply chain<\/a> by the end of the year. \u00a0<\/p>\n

“The EU welcomed China\u2019s 12-month suspension of the relevant export controls published on 9 October 2025,” European Commission spokesperson Olof Gill said in a statement. “This is an appropriate and responsible step in the context of ensuring stable global trade flows in a critically important area.”<\/p>\n

G7 allies, meanwhile, are seeking to\u00a0coordinate their responses<\/a>\u00a0to China\u2019s grip on the supply of crucial minerals. G7 ministers on Friday signed dozens of deals for critical minerals<\/a> under the group’s new supply-chain pact aimed at countering China\u2019s dominance in rare earths.<\/p>\n","protected":false},"excerpt":{"rendered":"China has tightened its grip on critical minerals, expanding export controls on rare earths and other materials vital…\n","protected":false},"author":2,"featured_media":265600,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[28,144,6052,12,4549,26358,74,142682,142683,447,17560,6132],"class_list":["post-265599","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-china","tag-defense","tag-donald-trump","tag-exports","tag-maros-sefcovic","tag-technology","tag-technology-and-trade","tag-technology-uk","tag-trade","tag-wang-wentao","tag-xi-jinping"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/265599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=265599"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/265599\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/265600"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=265599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=265599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=265599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}