China has approved some rare earth export licence applications and said it would continue strengthening the review process, the Ministry of Commerce said on Thursday.
However, it did not disclose how many approvals were granted or if any were issued to U.S. firms.
Ministry spokesperson He Yadong told a press briefing that China is willing to enhance communication with other countries over export controls and promote compliant trade.
Beijing said it is speeding up the review of rare earth-related applications in line with existing laws and regulations to support the stability and security of global industrial and supply chains.
The statement comes as concerns grow globally over the security of rare earth supply chains and amid geopolitical tensions involving critical minerals.
Countries such as the United States, India, and Vietnam are trying to reduce reliance on China, which holds about 60% of the global market share in rare earth minerals.
He said the country would continue to handle export licences based on compliance and law, without elaborating on the criteria for approval.
China’s rare earth exports are under international scrutiny, as some countries shift production and sourcing away from China.
Beijing has repeated that it aims to maintain fair and lawful trade while safeguarding national interest through proper oversight of sensitive materials.
The Ministry said dialogue with trading partners will continue in order to support legal and stable rare earth trade.
