China has escalated its control over vital mineral exports in retaliation to U.S. tariffs, intensifying global supply chain fears as it tightens curbs on rare earths, battery metals, and strategic technologies critical for defence and green energy.
China has intensified its control over key strategic mineral exports in response to U.S. tariffs, raising global concerns over supply chain vulnerabilities. On Friday, Beijing added several rare earth elements to its export control list, signalling its readiness to weaponise its dominance in critical mineral markets.
The restrictions follow a series of curbs introduced since 2023. In February, China required export licences for products related to tungsten, tellurium, bismuth, indium, and molybdenum—metals vital for defence and clean energy industries. January saw proposals to limit technology exports for processing lithium, gallium, and battery components.
Last December, China outright banned exports of antimony, gallium, and germanium to the U.S. These metals are essential for electronics, solar tech, and defence systems. China controls up to 90% of global refining for these elements.
Also in 2023, China restricted graphite exports—critical for electric vehicle batteries—and banned the export of rare earth magnet manufacturing technology. With near-total dominance over rare earths refining, China’s moves are forcing Western firms to rethink sourcing and bolster domestic capabilities.
As trade tensions deepen, these strategic controls could reshape global supply chains and accelerate the race for mineral independence.
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The Middle East crisis intensifies after the deadly attack on Iran's Supreme Leader Ali Khamenei's compound on Saturday that killed him, wife and other family members and senior figures. Iran has launched retaliatory strikes on U.S. targets in the region.
Türkiye and Iran have suspended day-trip passenger crossings at their shared border, Türkiye's trade minister said Monday, as a U.S.-Israeli military campaign against Iran entered its third day.
China’s Foreign Minister Wang Yi has held talks with his Russian counterpart Sergei Lavrov following recent military strikes carried out by the United States and Israel on targets in Iran, as tensions in the Middle East continue to rise.
Global air travel remained in turmoil on Monday after U.S. and Israeli strikes on Iran and retaliatory strikes in the Gulf region prompted widespread airspace closures across the Middle East, disrupting one of the world’s most important aviation corridors.
Follow the latest developments and global reaction after the U.S. and Israel launched “major combat operations” in Iran, prompting retaliation from Tehran.
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