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  • Posted on 8th April 2025 in the categories: Company News, Magnetics

    Important Update: Impact of China’s Restrictions on Rare Earth Metal Exports

    As of April 4th, the Chinese government has implemented new restrictions on the export of rare earth metals. These restrictions are expected to create delays in both production and international shipping.

    The export restrictions come in response to U.S President Donald Trump’s announcement of widespread global tariffs, which include a 34% tariff on all Chinese goods.

    Reuters: China hits back at US tariffs with export controls on key rare earths

    Unfortunately, due to these export controls, we anticipate shipments from China may experience delays beyond our usual processing times. We are working closely with our suppliers, logistics partners, and authorities to minimize the impact of these restrictions, although we do expect some knock-on effects in the coming weeks.

    We understand the importance of timely delivery and assure you that we are making every effort to mitigate disruption. Our team is actively monitoring the situation and will keep customers updated on any changes that may affect specific shipments.

    We appreciate your understanding and patience as we navigate this evolving situation. Please rest assured that we remain committed to providing the highest level of service and will do everything possible to manage these delays effectively.

    Thank you for your continued trust in us. Should you have any questions or require further clarification, please do not hesitate to contact us.

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