China’s rare earth supplies disrupted by Myanmar tumult
Fears are growing of a global shortage of rare earth minerals used in the manufacture of high-tech devices as unrest in Myanmar following the February 1 coup disrupts exports to China.
Chinese companies started complaining about delays in shipments of the minerals since mid-March, reportedly due to the deteriorating political and economic situation, which Chinese media reports say have had an impact on logistics.
Rare earth metals are used in aerospace, advanced military equipment, mobile phones and electric vehicles, among other tech products. Myanmar is a major supplier of rare earth ores, which are exported to China for extraction and processing, and then either used in local production or shipped on to global markets.
DOMINIC OO
