Chinese Rare-Earth Magnet Companies Find Workarounds to Export Restrictions

Chinese rare-earth magnet companies are finding creative ways to comply with export restrictions imposed by the Chinese government. To avoid penalties, these companies are adjusting their recipes for magnets by substituting restricted elements or embedding powerful magnets in motors. This approach allows them to maintain sales to Western buyers while staying within the rules set by Beijing authorities.

Source: https://www.wsj.com/world/china/chinese-rare-earth-dealers-find-ways-to-dodge-beijings-export-restrictions-0a96002a