China has announced a tightening of control over its strategic mineral resources, a move that comes days after trade talks with the United States that placed critical materials’ export in the spotlight.
In an online statement on May 14, China’s Ministry of Commerce said Beijing would strengthen control over the entire supply chain of strategic minerals, including mining, processing, transportation, and exports.
The comments were made two days after a high-level planning meeting in Changsha, a city in central China, to discuss supply chain controls on resources deemed tied to national interests.
The meeting gathered officials from ten government agencies, including the customs administration and ministries of commerce, industry, and public security, alongside local regulators from seven provinces rich in strategic mineral deposits, such as Jiangxi and Inner Mongolia….