Archive · 15 Aug 2025

China Issues Visas for Rare Earth Magnets Amid Export Controls

China Issues Visas for Rare Earth Magnets Amid Export Controls

China is now making it harder for companies to get rare earth magnets, which are important for making things like electric cars.

Companies need special permission (visas) to get these magnets, and China is checking to make sure they're used for the right purposes.

This is because of trade issues.

This could cause problems for companies that make cars and other high-tech products, especially starting in 2025.

China is the main supplier of these magnets, so it can affect a lot of industries.

Sources