Overview
- Approvals went to JL Mag Rare Earth, Ningbo Yunsheng, and Beijing Zhong Ke San Huan, with JL Mag licensed for nearly all clients and the others for some, according to a Reuters source.
- The new general licences are tied to individual customers and are intended to speed exports after April’s per-shipment controls disrupted supplies, notably for auto magnets.
- The permits add a streamlined track but do not replace China’s existing export-control system, and eligibility is currently confined to large domestic producers.
- U.S. officials have portrayed the change as effectively ending rare-earth controls, while Beijing has offered scant public detail about any broader rollback.
- Uncertainty remains over potential exclusions for defence, aerospace or semiconductor-linked buyers, and European firms continue to report delays and limited transparency.