The export of rare earths from China in August remained roughly at the same level as last year, with 4,723 tons, according to data from the customs authority. However, there was a decline of about four percent compared to July.
Development of China’s rare earth exports.
China has announced new regulations for its rare earth industry starting in October 2024, but the impact on exports remains unclear. Unlike the cases of gallium and germanium, where exports surged shortly after the announcement of export restrictions, a similar trend has not yet emerged for rare earths.
Meanwhile, the country’s foreign trade presents a mixed picture: while exports grew more than expected, imports fell short of expectations, according to Reuters.
Photo: tifonimages via Canva
