The European Union said Tuesday that China has pledged to guarantee the supply of rare earths — minerals essential to high-tech industry — to Europe as the two sides wrapped up high-level economic talks.
“I made the point very strongly that this is a major concern to EU business. Any disruption to supplies is totally not to anyone’s benefit. Chinese colleagues reiterated that the supply of rare earths will be sustained,” EU Trade Commissioner Karel De Gucht told reporters following the talks.
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