Overview

• China proposed a “green channel” to fast-track export license processing for European firms seeking rare earth elements and magnets.
• The government issued six-month licenses for suppliers of GM, Ford and Stellantis, restoring limited shipments of critical magnet metals to US automakers.
• Beijing defended the controls as standard practice for dual-use goods, but German industry warns of a looming “metal crisis” that could halt auto, machinery and defense production.
• The restrictions have prompted the EU to seek diversified suppliers and boost recycling targets to cut its near-total dependence on Chinese rare earth imports by 2030.
• US and Chinese delegations, headed by Vice Premier He Lifeng and US trade representatives, will resume negotiations in London on Monday to address their broader trade dispute.