Lynas: Global Trade Volatility Weighs – Heavy Rare Earth Production to Start Soon
Despite 22% more sales year-on-year, the sales revenue was below analysts' estimates.
Despite 22% more sales year-on-year, the sales revenue was below analysts' estimates.
China released its second batch of March export data this week, revealing a sharp drop in gallium and germanium shipments to historic lows.
The order seeks to boost deep-sea mineral exploration, mining, and processing.
The move aims to strengthen domestic supply chains and reduce reliance on foreign sources.
Chinese exports of the minor metals gallium and germanium fell sharply in March
The company cites lack of commercial viability; Chinese offtaker sees little impact.