As I previously Posted about MOFCOM, yesterday,
Recent developments in June 2025, China has indeed implemented stringent new requirements for rare earth exports that demand sensitive business information from foreign companies, All exports of the affected rare earths from China now require a licence from the Chinese Ministry of Commerce MOFCOM, obtained under China's Export Control Law. The licensing applications may take up to 45 working days, with longer timelines possible for sensitive or incomplete submissions. While the Chinese supplier formally submits the application, the European or foreign customer must provide critical end-use and technical documentation.
So, The evidence clearly indicates that if Ionic Technologies were to engage with Chinese rare earth suppliers, they would be required to share sensitive IP and business information under China's current export licensing regime. This includes customer lists, production processes, application details, and in some cases, even operational schematics and trade secrets.
Chinese Tactics and Manipulation of TACO
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