China’s rare-earth exports to US hit highest since January despite August dip

China’s exports of rare earths to the United States slipped in August despite the country’s overall magnet shipments continuing to recover after Beijing eased export curbs earlier this ￰0￱ figures released Saturday show that exports of rare earths to the US fell 5% from July to 590 ￰1￱ overseas shipments rose to about 6,146 tons, the highest monthly tally since ￰2￱ latest data arrived a day after Trump and China’s leader, Xi Jinping, held a phone call on Friday to address trade tensions. Rare-earth magnets, used in wind turbines, military systems, and electric vehicles , emerged as one of Beijing’s strongest points of pressure earlier in the ￰3￱ has recently pointed to parts of airplanes in response to China’s rare-earth ￰4￱ supplies roughly 90% of the world’s rare-earth magnet ￰5￱ squeeze has sped up efforts in the US and elsewhere to build domestic supply ￰6￱ Materials Corp. , the only US rare-earth miner, says it plans to begin commercial magnet production later in ￰7￱ has been demonstrating its control over rare earths Almost six months ago, Beijing sent a clear signal about its control over critical inputs by suspending exports of high-strength rare earths used in several ￰8￱ step injected fresh urgency into projects already underway to find alternative ￰9￱ the US, four magnet plants are now either completing construction or starting production, while a particularly large facility opened in Eastern ￰10￱ has used its control of magnet supplies in talks with Trump and the European ￰11￱ the initial halt, Beijing has permitted some shipments while keeping tighter ￰12￱ has also limited exports of magnets to Europe to push the EU to rethink tariffs on electric cars made in ￰13￱ about China’s dominance began surfacing years ago within US and EU ￰14￱ projects nearing completion have benefited from public funding ￰15￱ Friday, Neo Performance Materials, a Canadian company, opened its factory in Estonia, which in a single move has almost doubled Europe’s combined magnet-making capacity.

Furthermore, Neo has also installed the equipment required to increase the output of the plant to over 2x over the next few ￰16￱ outside Asia is large and mostly met by China currently Europe and North America buy almost 40,000 tons of rare-earth magnets each year for robots, cars, and other items, based on data by Adamas ￰17￱ beyond Asia currently make less than 2,000 tons annually, with most of that production in Finland and ￰18￱ companies add about 25,000 tons a year in Japan and Vietnam, mainly for customers in South Korea and Japan, along with automakers. China, by contrast, turns out over 200,000 tons a ￰19￱ of those magnets are used in various devices assembled in Chinese factories, such as motors, and shipped abroad as part of China’s large flow of ￰20￱ working to lift output outside China are moving ahead, but the pace is ￰21￱ Materials, owner of the Mountain Pass mine along the California-Nevada border, is constructing a 1,000-ton magnet plant in Texas that will first supply General ￰22￱ company plans to expand and add a second facility to raise total annual capacity to 10,000 tons in the next few ￰23￱ effort received a lift this summer when the US Defense Department decided that it would invest $400 ￰24￱ Rare Earths has built a plant in Stillwater, ￰25￱ factory will reach an annualized rate of 600 tons by 2026 end, and is expected to double the rate by the start of 2027, according to the senior vice president of the company, David ￰26￱ company, Noveon Magnetics, built its plant near the city of Austin in ￰27￱ your project in front of crypto’s top minds?

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