China Ships More Rare-Earth Products as Export Controls Ease
China shipped 13% more rare-earth products in November than in the preceding month, a sign that a more relaxed export regime is restoring flows of the critical minerals used in electric vehicles, weapons and high-tech manufacturing.
The 6,958 tons of rare-earth products — including magnets — exported in November was the third-highest monthly total on record, according to Bloomberg calculations using official customs data. The numbers suggest that China has stepped up shipments since agreeing a yearlong trade truce with the US.