Chinese customs authorities released data on the export of rare earth magnets on Friday. In January, shipments totaled 6,024 tons, roughly matching the previous year’s level. Germany received over 20 percent of this volume, while smaller quantities were sent to South Korea, the United States, and Vietnam.
In February, exports increased by more than 30 percent year-on-year to 4,739 tons, distributed across the same recipient countries as in January. Unlike dysprosium and terbium, Japan received rare earth magnets in both months, with volumes remaining steady at approximately 220 tons, similar to the previous year.
Chinese rare earth magnet exports
Photo: KoaLaoLa va Canva