China sets new rare earth export controls, says it’s open to dialogue

Beijing on Thursday announced a flurry of new export controls on strategic minerals, including expansive extraterritorial provisions, escalating tensions with the U.S. over minerals access just weeks ahead of a meeting between President Trump and Chinese President Xi Jinping -- but stressing a willingness to maintain an open dialogue with other governments. China’s Ministry of Commerce announced five new sets of export controls on strategic minerals and related products, including lithium batteries, medium and heavy rare earth elements, superhard materials,...