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China's Rare Earth Magnet Exports Hit 6-Month High
Financial Express Chennai
|August 21, 2025
CHINA'S FLOWS OF rare earth magnets to the US continued to recover in July—with volumes rising 76% month-on-month—after Beijing agreed to normalize exports as part of its trade truce with Washington.
China shipped 619 tonnes of rare earth permanent magnets to the US, up from a low of 46 tonnes in May, when the two countries were still locked in a damaging tit-for-tat trade war.
China put export controls on the components, weaponizing the nation's 90% grip on global production to squeeze US factories and pile pressure on President Donald Trump.
This story is from the August 21, 2025 edition of Financial Express Chennai.
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