EXCLUSIVE-China issues first batch of streamlined rare earth export licenses, source says
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China has issued the first batch of streamlined rare earth export licenses to at least three magnet makers, including JL Mag Rare Earth, Ningbo Yunsheng, and Beijing Zhong Ke San Huan High-Tech. This move follows a summit between Presidents Trump and Xi Jinping, aimed at easing trade tensions. The new licensing regime allows these companies to accelerate exports to some customers, marking a significant development in China-U.S. trade relations.
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