China Neodymium And Ferrite Magnets Manufacturer & Supplier 
On April 4th, the Ministry of Commerce and the General Administration of Customs announced the decision to implement export controls on some medium and heavy rare earth related items, which will be officially implemented from the date of release. The announcement mentioned that in order to safeguard national security and interests, and fulfill international obligations such as non-proliferation, it has been decided to implement export controls on samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium related items. The relevant items have dual-use attributes, and implementing export controls on them is an international practice.
Some of the medium and heavy rare earths subject to export control this time have dual-use properties for military and civilian purposes. Previously, the State Council issued the "Regulations on Export Control of Dual Use Items of the People's Republic of China", which stated that the country implements a licensing system for the export of dual-use items. The competent commerce department of the State Council shall establish a risk management system for end-users and end-users of dual-use items, evaluate and verify the end-users and end-users of dual-use items, and strengthen the management of end-users and end-users.
Affected Samarium Cobalt Rare Earth Magnets
In addition to samarium, gadolinium, terbium, dysprosium and other items included in the export control this time, the "Regulations on Export Control of Dual Use Items of the People's Republic of China" also apply to tungsten, tellurium, bismuth, molybdenum, indium related items announced by the Ministry of Commerce and the General Administration of Customs in February.
As early as 2015, China abolished the management of rare earth export quotas and replaced it with export license management. Compared to before, the scope of rare earth products covered by this export control is broader, including not only upstream oxide and metal products, but also downstream application products on the list, such as alloy products, target materials, neodymium iron boron magnets (including dysprosium and terbium), samarium cobalt permanent magnets, etc.
Related magnet export information;