China Steps Up Crackdown on Critical Mineral Smuggling
Increase in illicit activity after the implementation of export controls.
Increase in illicit activity after the implementation of export controls.
Magnet segment shines; Estonia plant on track.
China released April export data this week, including rare earth numbers.
U.S. rare earth company boosts revenue and output, but rising production costs weigh on the bottom line.
Exports were up year-on-year but down month-on-month in April, as new export rules took effect. Imports also posted a decline.
Ahead of President Trump's state visit to the Gulf nation, a potential agreement has been announced.