China’s Exports of Rare Earths Jump Despite Shipment Controls ...Middle East

Economy by : (OILPRICE) -
Despite export controls and curbs on some rare earth elements, China’s overall rare earth exports jumped by 23% in May compared to April, Chinese customs data showed on Monday. The exports for May, the second month following Chinese restrictions imposed in early April, were at their highest monthly level in a year. The data doesn’t distinguish among the various rare earth minerals, so it’s too early to say how much the export curbs hit the elements that are part of the restrictions. Details will be available later in June. However,…

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