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REPORT: China pondering hoarding precious metal exports used in hybrids and EVs by banning exportation
Ever hear of neodymium? How about dysprosium or yttrium? Thulium or lutetium? These are just some of the metals that China's Ministry of Industry and Information Technology is considering either banning for export or at least severely limiting the amount that it will let leave the country. These precious metals are used in manufacturing new, sometimes green, technologies, and China wants keep the good available for domestic use.