European firms still can't easily get Chinese rare earths, says business lobby

Radio France Internationale

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In a report published this Wednesday, 17 September, the European Union Chamber of Commerce in China deplores the difficulty of European companies having access to the rare earth produced in China, which has a monopoly on it.

rd.nl

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European companies still face long waits for export permits for rare earth metals from China, according to the president of the EU Chamber of Commerce in China (EUCCC) to the Financial Times (FT). These rare earth metals are crucial for defense equipment, computers, wind turbines, and electric cars, among other things.