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China Begins Issuing Rare-Earth Magnet Export License to India, Offers Relief to Auto Industry
China has started issuing licences to export rare-earth magnets to India. Approvals are limited so far, covering companies like Jay Ushin, Indian units of Continental AG, and suppliers to Mahindra.
On September 1, 2024, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) released new guidelines to support deemed export applicants in acquiring necessary licenses. While these ...
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