China Justifies Restrictions on Rare Earth Metal Exports to Japan by Concerns over 'Remilitarization'
China's Foreign Ministry stated that export restrictions on rare earth elements for Japanese companies were introduced in accordance with Chinese law and are aimed against Tokyo's 'remilitarization.' According to the Financial Times, Japan's yttrium reserves could run out within months, threatening disruptions in the automotive, aerospace, and semiconductor industries. Tokyo, citing Japanese officials, has turned to the US for help.
Sevara Azamova