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China pledges fair review of rare-earth export applications amid US trade talks

( June 12, 2025, 08:44 GMT | Official Statement) -- MLex Summary: China has pledged to fully consider the legitimate demands and concerns of all countries in the private sector, and to review export-license applications related to rare-earth items in accordance with the law, Ministry of Commerce spokesperson He Yadong said at a press conference today. In response to a media inquiry about the first meeting of the US-China economic and trade consultation mechanism in London, the ministry said that several compliant applications had already been approved, and committed to further enhancing the review process for such applications. This response comes in the wake of US President Donald Trump's social media claim that China would supply full magnets and any necessary rare earths "up front."An excerpt of the transcript follows:...

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