Rare Earths Are Getting Rarer – China Pushes For Tighter Control Over Critical Minerals

Concerns about rare earths supply have been raised again after the Chinese government released a draft bill to strengthen control of the group of critical minerals that are so crucial for the manufacture of high tech products such as electric cars and mobile phones.

Heavier rare earth elements such as neodymium and praseodymium (NdPr) are used in the permanent magnets required for the motors in electric vehicles and wind turbines.

Under the bill, companies will be required to follow control laws and regulations for the export and import of rare earths.