Germany Says China Rare Earths Export Curbs of ‘Great Concern’

Excavators load trucks with rare earth at a mine in southwest China.

Photographer: dycj/Imaginechina/Getty Images

Germany said China’s increasing restrictions of exports on minerals critical to the technology industry are of “great concern” and the country must reduce its dependence on supplies from outside of the European economic area.

While it’s too soon to assess the impact of China’s latest curbs, “the issue is now being discussed intensively at both national and EU level,” a spokeswoman for the Economy Ministry said in an emailed response to Bloomberg’s questions.