Have a look at this @Golden Fleece. And just you wait a day or so for someone here who's always in the know that will tell us what this means in terms of Lynas products flow stopping or coming to a near halt.

Economy|Weapons

China sanctions US defence firms Raytheon, Lockheed over Taiwan

The move comes after the US approved a $100m deal for maintenance of Taiwan’s missile defence systems by the two firms.

Raytheon, Boeing, Lockheed Martin and other defence industry giants face controls on sales to China of military and dual-use technologies that have defence and commercial applications [File: Elise Amendola/Reuters]

Published On 21 Feb 202221 Feb 2022

China says it will impose new sanctions on United States defence contractors Raytheon Technologies and Lockheed Martin due to their arms sales to Taiwan, stepping up a feud with Washington over security and Beijing’s strategic ambitions.

Foreign Ministry spokesman Wang Wenbin on Monday announced the move at a daily press briefing, citing a newly passed Anti-Foreign Sanctions Law that took effect in 2021. It was in response to a $100m deal approved by the US for maintenance of Taiwan’s missile defence systems by the two companies.