China Allows Rare-Earth Exports for Civilian Use, Easing Global Supply Concerns

• China announced it will permit the export of rare-earth metals for civilian use, a decision confirmed by its Ministry of Commerce.
• The move follows continuous demands from countries like India, which depend on China's near-monopolistic position in rare-earth supplies.
• Chinese Foreign Ministry spokesperson Guo Jiakun clarified that exports are strictly for civilian applications and not for defense manufacturing.
• China accounts for approximately 70% of global rare-earth mining and 90% of processing, making it the world's largest supplier.
• These critical metals are essential for modern products including electronics, automobiles, and wind energy, with the US, EU, and India being major importers.

Why It Matters: China resumes rare-earth exports for civilian use, easing global supply chain concerns and meeting international demands.