China has intensified controls over rare earth minerals, key components in electric vehicles, electronics, and military technology, reigniting trade tensions with the United States, BBC reported.

Companies in China now require government approval to export even small amounts of the minerals, which include neodymium, yttrium, and europium.

China dominates the rare earth supply chain, producing about 61% of the world’s rare earths and refining 92%, according to the International Energy Agency.

Analysts say Beijing is using this near-monopoly as leverage in trade negotiations with Washington.

The U.S., which depends on China for roughly 70% of its rare earth imports, could face production slowdowns and higher costs in defense and high-tech manufacturing.

Experts warn that without signifi

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