EU share of China’s rare earth magnet shipments jumps in June
3 Articles
3 Articles
China's rare earths exports surge ahead of key Beijing-Brussels summit
Chinese exports of rare earths and magnets needed to make electric vehicles in Europe surged in June, according to new data released on Monday, ahead of the crucial EU-China summit in Beijing on Thursday.
China’s rare earth magnets export to US make jump 660%
China’s exports of rare earth magnets to the US surged more than sevenfold in June compared to May, following a new Sino-US trade agreement. The spike came just months after Beijing imposed export restrictions on several critical magnets, widely used in electric vehicles, wind turbines, and MRI machines, in what was widely seen as a response to US President Donald Trump’s tariff measures against China. After the Sino-US trade agreement, which ea…
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