China released detailed export figures for August this week. The most striking development was in the rare earth element dysprosium, whose exports rose to their highest monthly level since February. Meanwhile, the United States announced plans to expand its national stockpile of critical minerals and add scandium to it.
Chinese Rare Earth Magnet Exports Pick Up Again
China increased exports of rare earth magnets again in August. Compared with July, shipments rose by more than ten percent to 6,146 tonnes, according to the latest data from the customs authorities. The largest recipient was Germany, which imports these components for wind turbines as well as electric motors used in cars and mobile devices.
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China: Gallium Exports Decline in August – Germanium Remains Subdued
China exported more germanium in August, according to the latest customs data. Shipments rose by more than 50 percent compared with the previous month, reaching 1,166 kilograms, though volumes remained well below last year’s level. The main destinations for the technology metal were Russia and Germany. Gallium exports, on the other hand, declined in August.
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China: Dysprosium Exports Surge in August, Terbium Declines
The latest export data from Chinese customs reveal a sharp rebound in dysprosium shipments in August, while terbium exports edged lower compared to July. However, the number of recipients of both metals continues to shrink, with only three countries receiving shipments in August.
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Aclara Shapes Rare Earth Triangle: Multi-Billion Investments in Brazil, Chile, and the U.S.
Aclara Resources is planning a multi-billion-dollar investment in the mining and processing of rare earth elements. According to Executive Vice President José Augusto Palma, $600 million will be allocated to the Carina Project. The rare earth mine in Brazil’s Goiás state is expected to begin production in 2028 and is currently undergoing feasibility studies.
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U.S. to Add Scandium to National Stockpile
The United States plans to add the critical rare-earth element scandium to its national stockpile. Over the next five years, more than six metric tons, worth up to $40 million, will be purchased from a Rio Tinto subsidiary, Reuters reports. The mining group produces scandium in Canada, extracting it from titanium dioxide production waste streams, making it the first North American supplier of the metal.
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