ASML ‘Well Prepared’ for Chinese Rare-Earth Curbs, CFO Says

ASML ‘Well Prepared’ for Chinese Rare-Earth Curbs, CFO Says

ASML Holding NV is “well prepared” for China’s curbs on exports of rare earths even as the impact on the wider chips ecosystem is difficult to assess, Chief Financial Officer Roger Dassen said Wednesday.

China rare earth export curbs a ‘lose-lose’ for everyone, Spain economy minister says

The NewsChina’s new restrictions on rare earth exports amount to a “lose-lose scenario” for the entire world, Spain’s economy minister said Wednesday.“We are very concerned because of the potential impact — let’s see how it actually materializes,” Carlos Cuerpo said at Semafor’s World Economy Summit in Washington, DC. “This is another fragmentation of international trade… That’s not the way that the EU wants to go.”Beijing last week enacted new …

ASML is prepared for China's rare-earth export controls — finance head says company has stock thanks to long lead times

ASML's finance head, Roger Dassen, said the company has sufficient rare-earth reserves to keep production running despite China's new export-control regime that kicks in on December 1 and can halt shipments of rare earth materials across the world.