China's Ministry of Commerce has announced new export restrictions on rare earth materials, processing technologies, and derivative products, effective December 1. These materials are crucial for semiconductors, AI systems, and defense applications. The new rules mandate that foreign companies using Chinese-origin rare earths must obtain a dual-use license from the ministry. This move is expected to disrupt global supply chains and impact market sentiment, particularly in the AI and cryptocurrency sectors. Geopolitical strategist Velina Tchakarova highlighted that the restrictions could give China leverage over chip, electric vehicle, and defense supply chains, potentially leading to price increases in these industries.