More progress is needed to convince Beijing to grant rare earth licences to German manufacturers, the German finance minister said on Dec. 8 during a visit to China.
“We have received signals, but there is still quite a lot of work to be done,” Foreign Minister Johann Wadephul told German broadcaster ZDF.
He said he had discussed disruptions to the supply of rare earths and semiconductors with the Chinese trade minister.
“In all of these areas, there has been uncertainty, and that needs to be eliminated,” Wadephul said.
China controls the supply of 17 rare earth minerals, vital to many industries, including electric vehicles, consumer electronics, and defense technologies….
More Work Needed to Persuade Beijing to Grant Rare Earth Export Licenses, German Minister Says
