A large Chinese company specializing in the production of the rare land elements has obtained export permits to countries, including the United States, in a possible indicator of reducing tension between Beijing and Washington. JL Rare-Earth said the official authorities agreed to a number of export requests, pointing out that they obtained permits that include markets such as the United States, Europe and Southeast Asia, according to a statement issued on Wednesday. The shares of the company listed on the Hong Kong Stock Exchange increased by 12%, with the highest level during the daily trading since 2022. The rare land elements are an important than in the trade war that has exhausted the relationship between the United States and China as Beijing used its control on this sector as a print card. 70% of the global offer. The high -level discussions between Beijing and Washington, which took place in London this week, led to an initial agreement to restore the flow of sensitive goods between the two sides. Rare minerals and trade war. These materials are used in a wide range of important applications, which make it necessary for industries such as cars, energy turbines and some specialized defense uses. The framework agreement in the UK is subject to the consent of the two countries. The US Chamber of Commerce in China said last week that some Chinese providers of US businesses recently acquired temporary export permits for a six -month period for rare land elements, but a state of uncertainty has remained in the light of the major congestion of export requests. Prior to the commencement of trade talks between the United States and China in London, the export of magnets of rare land elements in China has a decline in April, the past month that has data. The value of shipping fell 54% annually. The Maya data will be released later this month.
China agrees to export rare minerals to America with tranquil tension
