China has defended its latest export control measures on rare earths and related items as a legitimate action to safeguard global peace, warning the US of 'resolute measures' if President Donald Trump proceeds with his threat to impose 100 per cent tariffs on Chinese exports, PTI reported.

China announces new curbs

China on Thursday announced new restrictions on the export of technologies and equipment related to the mining and processing of rare earths, lithium batteries, and rare earth-based superhard materials. The controls also cover overseas transfers of production technologies.

70% global rare earth mining

China accounts for about 70 per cent of global rare earth mining and nearly 90 per cent of their processing. It is the world's dominant supplier of the minerals critical for ma

See Full Page