financetom
Business
financetom
/
Business
/
China's rare earth exports jump 23% in May despite export curbs
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
China's rare earth exports jump 23% in May despite export curbs
Jun 8, 2025 9:33 PM

BEIJING (Reuters) - China's outbound shipments of rare earths in May jumped 23% on the month to their highest in a year, though Beijing's export curbs on some of the critical minerals halted some overseas sales, with shortages rippling through global manufacturing.

China's April export curbs on several types of rare earths and rare earth magnets shut parts of the global auto industry and figured heavily in a rare telephone call last week between the leaders of the United States and China.

Rare earth exports of all kinds from the world's largest producer were up 23% in May versus April to stand at 5,864.60 tons, the highest monthly figure in a year.

The curbs do not cover all the many types of rare earth products that China exports. Monday's data does not distinguish among them, so a full picture of the curbs' impact will only be provided in a more detailed data release due on June 20.

Data released last month showed magnet exports fell by half in April. Several European auto parts plants were forced to stop production last week while semiconductor firms on the continent warned they were weeks away from also doing so.

In the first five months of 2025, exports of the group of 17 minerals rose marginally to 24,827 tons from 24,266.5 tons a year earlier, customs data showed.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cantaloupe Insider Bought Shares Worth $2,100,835, According to a Recent SEC Filing
Cantaloupe Insider Bought Shares Worth $2,100,835, According to a Recent SEC Filing
Oct 2, 2024
04:59 PM EDT, 09/30/2024 (MT Newswires) -- Douglas Bergeron, Director, on September 26, 2024, executed a purchase for 284,000 shares in Cantaloupe (CTLP) for $2,100,835. Following the Form 4 filing with the SEC, Bergeron has control over a total of 462,319 shares of the company, with 462,319 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/896429/000162828024041602/xslF345X05/wk-form4_1727729657.xml ...
BRIEF-Universal Logistics Holdings Acquires Parsec
BRIEF-Universal Logistics Holdings Acquires Parsec
Oct 2, 2024
Sept 30 (Reuters) - Universal Logistics Holdings Inc ( ULH ) : * UNIVERSAL LOGISTICS HOLDINGS ACQUIRES PARSEC, A MARKET-LEADING RAIL TERMINAL OPERATOR * UNIVERSAL LOGISTICS HOLDINGS INC ( ULH ) - CASH PURCHASE PRICE FOR PARSEC WAS $193.6 MILLION * UNIVERSAL LOGISTICS HOLDINGS INC ( ULH ) - ACQUISITION EXPECTED TO BOOST UNIVERSAL'S CONTRACT LOGISTICS REVENUES TO OVER $1...
AI chipmaker Cerebras files for US IPO
AI chipmaker Cerebras files for US IPO
Oct 2, 2024
Sept 30 (Reuters) - Artificial intelligence chipmaker Cerebras Systems on Monday filed for an initial public offering in the United States. (Reporting by Pritam Biswas in Bengaluru; Editing by Devika Syamnath) ...
Travelzoo Insider Sold Shares Worth $1,144,000, According to a Recent SEC Filing
Travelzoo Insider Sold Shares Worth $1,144,000, According to a Recent SEC Filing
Oct 2, 2024
04:30 PM EDT, 09/30/2024 (MT Newswires) -- Holger Bartel, Director, Global Chief Executive Officer, on September 26, 2024, sold 100,000 shares in Travelzoo ( TZOO ) for $1,144,000. SEC Filing: https://www.sec.gov/Archives/edgar/data/1133311/000162828024041582/xslF345X05/wk-form4_1727727857.xml ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved