EU Set to Lift Sanction on Chinese Firm to Save ASML Supplier[1]
> In exchange, the EU would remove trade restrictions it put on an unnamed Chinese firm accused of aiding Russia’s war against Ukraine.
> Sindlhauser, which relies on Chinese rare earths and critical minerals supplies, is at risk of going out of business in the coming months if China’s sanctions stay in place, according to the people. Targeting an otherwise obscure firm illustrates the lengths China is going to gain detailed knowledge into Europe’s economic pinch points.
> People familiar with the case say Sindlhauser is almost exclusively reliant on Chinese rare earths, and the listing caused a supply chain shock for the company that had until now done little work to diversify or minimize its dependence on the Chinese inputs.
[1] https://www.bloomberg.com/news/articles/2026-10-14/eu-set-to...