53rd Annual Membership Meeting
Member Exclusive
One-Year Warning: Navigating China’s REE Export Control Suspension
Key Takeaways
- China has agreed to a one-year delay of its latest export controls, which created MOFCOM licensing obligations for global re-exports of certain rare earth materials and manufactured goods, as well as deemed exports of related technologies and knowhow.
- The truce gives companies a grace period to develop risk mitigation strategies while also allowing Beijing to bolster the enforcement capacity required to implement extraterritorial rules.
- Efforts to cultivate alternative supplies of REEs and diversify procurement will not be completed within the one-year timeframe, meaning that Beijing will retain its leverage well beyond the pause.
