European companies are reporting renewed delays obtaining Chinese rare earth export licences, less than two months after EU leaders won commitments to address the issue during a visit to Beijing.
The EU Chamber of Commerce in China said on Wednesday that member companies had sought its help with more than 140 applications for rare earth export licences since the controls were introduced in April, of which only about one quarter had been resolved.
“We have a number of members who are right now suffering significant losses because of these bottlenecks,” said Jens Eskelund, president of the chamber.
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