Group 1 - China's rare earth magnet exports to the US surged to 353 tons in June, a 660% increase from May, indicating a strong recovery in supply after a trade agreement between China and the US [1] - Overall, China's rare earth magnet exports reached 3188 tons in June, up 157.5% from 1238 tons in May, but down 38.1% compared to the same period in 2024 [1][3] - The approval of more export licenses in June is expected to further boost rare earth magnet exports in July [3] Group 2 - China accounts for over 90% of global rare earth magnet supply and implemented export controls on several rare earth products in early April in response to US tariffs [3][4] - The export volume significantly declined in April and May due to lengthy approval processes for export licenses, disrupting global supply chains and causing some automakers to halt production due to rare earth shortages [3] - The total export volume of China's rare earth magnets for the first half of 2025 was 22319 tons, reflecting an 18.9% year-on-year decrease [3]
外媒紧盯:中国6月对美稀土磁体出口环比激增660%
Guan Cha Zhe Wang·2025-07-21 00:49