EU negotiates sanction swap with China to rescue critical ASML supplier

The European Union is currently negotiating a “sanction swap” with China to save a vital German company, Sindlhauser Materials GmbH, from going out of business. Sindlhauser is a crucial supplier for the semiconductor equipment giant ASML, but it relies heavily on Chinese rare earth minerals to operate. In July 2026, China restricted Sindlhauser’s access to … Continue reading EU negotiates sanction swap with China to rescue critical ASML supplier