German Industry Group Warns China May Stop Access to Commodities

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.

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