The Association of China Rare Earth Industry issued a statement after a special working meeting on Monday to discuss the “guidance” given by Chinese President Xi Jinping
Rare earth elements are used in a wide range of consumer products, from iPhones to electric car motors, as well as military jet engines, satellites and lasers
The warning is the latest salvo in a dispute that has intensified since President Donald Trump ramped up tariffs against China and moved to blacklist telecom giant Huawei earlier this month