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German Industry Group Warns China May Stop Access to Commodities
Oct. 14, 2010 10:46AM PST
Critical MetalsGerman industrial companies are concerned that China may block their access to commodities such as rare earth metals, the Financial Times Deutschland said, citing a document presented yesterday by a lobby group.
German industrial companies are concerned that China may block their access to commodities such as rare earth metals, the Financial Times Deutschland said, citing a document presented yesterday by a lobby group.
China’s export restrictions on rare earth metals are an “unfriendly act,” the newspaper quoted German Economy Minister Rainer Bruederle as saying yesterday. A scarcity of metals such as tungsten and germanium is causing difficulties for sectors including wind turbine makers, makers of electronics and car companies, the newspaper said.