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National / The Economic Times

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China issues first batch of streamlined rare earth export licenses, source says

China has issued its first batch of new rare earth export licenses, a move expected to accelerate shipments to select customers. This streamlined licensing regime, centered on general licenses, follows the Trump-Xi summit and aims to ease trade tensions. Companies like JL Mag Rare Earth have received licenses for most clients, signaling Beijing's commitment to agreed-upon outcomes.

2 Dec 2025 1:50 pm