China targets US rare earth miners as Pentagon faces restocking rush

AI Summary

China has placed two US rare earth miners and eight technology companies on its export control list in retaliation against US Department of Defence blacklisting Chinese firms linked to the People's Liberation Army. This move restricts these US companies from purchasing Chinese dual-use civilian and military exports amid strategic restocking efforts by the Pentagon.

China put two US rare earth miners on its export control list, along with eight technology companies, in response to the US Department of Defence blacklisting Chinese businesses for their alleged ties to the People’s Liberation Army. MP Materials and USA Rare Earth will both be banned from buying Chinese exports with dual civilian and military uses, the Ministry of Commerce said on Monday. Motor maker Aveox and drone companies Red Cat and Teal Drones were among the other companies included in...