According to newly released data from Chinese authorities, exports of the rare earth elements dysprosium and terbium, both critical for magnet technologies, fell sharply in November. Export restrictions have been in place for both elements since April, weighing on market availability.
Dysprosium exports dropped by nearly 72 percent compared with October, falling to 995 kilograms. By a wide margin, Vietnam was the largest destination, followed by Malaysia, South Korea, and Russia. Terbium exports declined by almost 67 percent to 4,045 kilograms. In November, China shipped terbium almost exclusively to Japan, with smaller volumes going to Russia and South Korea.
Chinese Dysprosium exports over the last months
Chinese Terbium exports over the last months
Photo: Sanches821 via Canva