China Increases Exports of Rare Earth Magnets

China’s exports of rare earth magnets rose by more than ten percent in March compared to the previous month of February. At 5,238 tonnes, export volumes were roughly in line with the level seen in the same period last year. By far the largest recipient was Germany, followed by South Korea, Vietnam, the United States, and India. As in February, Japan also ranked among the top ten destinations.

Chinese rare earth magnet exports

Photo: via Canva, montage rawmaterials.net