China Says Planned Rare-Earth Export Curbs Paused for a Year

China paused plans for a dramatic expansion of its rare-earths export controls, offering relief to global buyers after a tumultuous year and handing major economies more time to counter Beijing’s grip on the industry.

Export controls announced on Oct. 9 will be suspended for one year, China’s Ministry of Commerce said in a statement Thursday on its website, after Presidents Donald Trump and Xi Jinping agreed a trade truce at a meeting in Seoul.