China's REE restrictions in response to Trump's tariffs

The trade spasms reverberating from Trump's tariffs include restrictions by China on REE exports.

Halifax, Nova Scotia--(Newsfile Corp. - April 4, 2025) - Ucore Rare Metals Inc.(TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company"), acknowledges the recent joint announcement by China's Ministry of Commerce and the General Administration of Customs regarding export restrictions on critical rare earth elements effective April 4, 2025.

As reported by multiple news sources, the export restrictions, applicable to all countries, include seven key medium and heavy rare earth elements, including samarium, gadolinium, terbium, dysprosium, lutetium, scandium and yttrium. China's decision to implement these export controls underscores the critical importance of establishing a secure and independent rare earth supply chain in North America.

https://markets.*.com/news/stocks/ucore-comments-on-chinas-immediate-restrictions-on-rare-earth-exports-1034550360
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Naturally enough, Ucore is talking its own book and wants to position itself at the centre of a North American REE supply chain.

More accurately, several non-China REE chains need to be stood up.

Ash