ZeroFox Intelligence Flash Report - China Announces Rare Metals-Related Export Ban

Product Serial: F-2023-12-22a

TLP:CLEAR

In this flash report, ZeroFox researchers cover the latest trade restrictions from China which are specifically targeting rare-earth minerals, and what this will likely mean for trade relations between China and the United States.

Standing Intelligence Requirements

Geopolitical and Physical GEO

For the most up-to-date list of ZeroFox’s Intelligence Requirements, please visit:

https://cloud.zerofox.com/intelligence/advisories/14956

Link to Download

View the full report here

Key Findings

China announced an immediate ban on technologies that process rare-earth metals.
The ban is likely retaliation for U.S. export controls and an effort to undercut U.S. ventures to develop its own clean energy and rare-earth metal supply.
Further trade restrictions from both sides are likely in 2024, with the Biden administration reportedly planning moves to prohibit certain Chinese imports that could hurt U.S. industries.
Cyber espionage to obtain access to technologies being withheld from China is possible.