Metals
Gold$4,455.86+3.08%|
Silver$66.73+4.06%|
Platinum$1,804.71+3.95%|
Palladium$1,369.42+4.71%|
Gold$4,455.86+3.08%|
Silver$66.73+4.06%|
Platinum$1,804.71+3.95%|
Palladium$1,369.42+4.71%|
Latest News
Dutch central bank moves 86 tonnes of gold from U.S., Canada to London|Goldman Sachs sees gold price at $4,900/oz by year-end, but investors hedging through gold derivatives could drive it even higher|Schroders turns bullish on gold as debt, inflation and currency risks outweigh elevated real yields|Arizona Gold and Silver new Director Yale Simpson sees major upside at Philadelphia Project|Gold price will approach $5,000/oz in 2026, $5,300/oz in 2027 on ‘uncertainty, de-dollarization, and debasement concern’ – RBC|Gold price hits CAD $6,087/oz after Bank of Canada holds rates, says ‘US tariffs and threats of further action pose risks’|Gold looks cheap as debt, inflation and uncertainty threaten fiat currencies - Matthew Jones|Power Metallic Mines: Why are Four Billionaires Backing this Junior Copper Story?|Coinbase launches GOLD-PERP and SILVER-PERP futures offering 24/7/365 metals trading and price discovery with 25x leverage|Arizona Gold & Silver Reports Multiple High-Grade Intercepts Including 3.35m of 15.07 gpt Gold and 19.6 gpt Silver – Expands High-Grade Philadelphia Zone|Dutch central bank moves 86 tonnes of gold from U.S., Canada to London|Goldman Sachs sees gold price at $4,900/oz by year-end, but investors hedging through gold derivatives could drive it even higher|Schroders turns bullish on gold as debt, inflation and currency risks outweigh elevated real yields|Arizona Gold and Silver new Director Yale Simpson sees major upside at Philadelphia Project|Gold price will approach $5,000/oz in 2026, $5,300/oz in 2027 on ‘uncertainty, de-dollarization, and debasement concern’ – RBC|Gold price hits CAD $6,087/oz after Bank of Canada holds rates, says ‘US tariffs and threats of further action pose risks’|Gold looks cheap as debt, inflation and uncertainty threaten fiat currencies - Matthew Jones|Power Metallic Mines: Why are Four Billionaires Backing this Junior Copper Story?|Coinbase launches GOLD-PERP and SILVER-PERP futures offering 24/7/365 metals trading and price discovery with 25x leverage|Arizona Gold & Silver Reports Multiple High-Grade Intercepts Including 3.35m of 15.07 gpt Gold and 19.6 gpt Silver – Expands High-Grade Philadelphia Zone|
Back to News
Latest News

China says rare earth controls lawful, will cooperate with US on 'reasonable' concerns

China says rare earth controls lawful, will cooperate with US on 'reasonable' concerns
20 May 20265 Mins read

BEIJING - China will work with the US on "reasonable" concerns regarding its rare earth export controls, the Ministry of Commerce said on Wednesday, in a statement that defended its restrictions as legitimate and lawful.

Introduced in April 2025 in retaliation for US President Donald Trump's so-called Liberation Day tariffs, Beijing's controls continue to restrict exports of certain rare earths and other minerals, an issue that US officials have repeatedly acknowledged.


China agreed to address concerns around shortages of rare earths such as yttrium and scandium as well as other critical minerals during the leaders' summit in Beijing last week, the White House said on Sunday.

In response to questions about that statement, China's Ministry of Commerce said both sides had discussed the issue and would study and resolve "each other's reasonable and lawful concerns."


"The Chinese government imposes export controls on rare earths and other critical minerals in accordance with laws and regulations, and reviews applications for compliant, civilian licenses," the statement added.

Issued days apart, the two statements reflect a new status quo where Washington appears to tacitly accept the export restrictions. In contrast, six months ago after the leaders' summit in Busan, the White House said they would be dismantled.

YTTRIUM

Shortages have been most acute for yttrium, which is used to protect turbine blades in aircraft engines or power plants from extreme heat.

The rare earth issue was highlighted in Sunday's White House statement and a separate interview with US Trade Representative Jamieson Greer.

Chinese customs data also released on Wednesday showed a ten ton export of yttrium oxide to the US in April, compared with 60 t in March.

Shipments averaged about 30 t a month over the 13 months before controls were imposed, compared with eight tons since. 

Our Trusted Brands

Arras Minerals
Afrikor
Arizona Gold & Silver
Astra Exploration
Aurion Resources
Bluenergies
Bactech
Digipower X
Gold Hunter Resources
Golkor
Guanajuato
Harfang
He Capital
Kodiak Copper
Leviathan
Loyalist
Mining Investment Event
Noble Plains
Pan Global
Power Metallic
SilverWolf
Spacekor
US Gold
USDC
Vivio Power
West Red Lake
Arras Minerals
Afrikor
Arizona Gold & Silver
Astra Exploration
Aurion Resources
Bluenergies
Bactech
Digipower X
Gold Hunter Resources
Golkor
Guanajuato
Harfang
He Capital
Kodiak Copper
Leviathan
Loyalist
Mining Investment Event
Noble Plains
Pan Global
Power Metallic
SilverWolf
Spacekor
US Gold
USDC
Vivio Power
West Red Lake

News & Updates

Subscribe to Our Latest News & Updates