Our actions are very timely! The Ministry of Commerce of China has made a major announcement! On October 9, our Ministry of Commerce issued a notice stating that export controls will be implemented on rare earth production technologies. Among these, one point is particularly worth noting. This point is that Chinese citizens, legal persons, and unincorporated organizations may not provide any substantial assistance or support for rare earth mining, smelting and separation, metal smelting, magnet material manufacturing, and recycling and utilization of secondary rare earth resources abroad without permission. Those who violate the requirements of this notice will be punished.

Evidently, our country has strengthened the control over rare earth refining technology, and our actions are very timely. In fact, Western countries are now very envious of our rare earth refining technology. These countries have tried every means to obtain our rare earth processing technology, including high salaries to attract personnel and commercial espionage. These behaviors have seriously harmed our own interests, and we have introduced these regulations in order to deal with these situations.

For industry practitioners, at this time, they must stand with the country and never betray national interests for personal gain. On the other hand, when investing in foreign rare earth industries in our country, our technical personnel and key managers should also be more cautious, actively tighten their minds, and prevent the leakage of technology. The rare earth card is a key card for us to safeguard national interests. Those who dare to test the law will certainly have a very tragic fate and be despised by the whole nation!

Original article: www.toutiao.com/article/1845466194068491/

Statement: This article represents the views of the author.