China's exports of rare earth magnets to the United States rebounded in Jul...
FILE PHOTO: Samples of rare earth minerals from left: Cerium oxide, Bastnaesite, Neodymium oxide and Lanthanum carbonate at Molycorp's Mountain Pass Rare Earth facility in Mountain Pass, California June 29, 2015. REUTERS/David Becker/File Photo
Shipments to the United States totalled 447 tonnes last month, according to data from the General Administration of Customs, the highest monthly total in customs database records going back to January 2017. China is the world’s dominant producer of rare earth magnets, which are widely used in medical devices, consumer electronics, and defence. It has raised the prospect of restricting rare earth supply to the United States, although no formal measures have been announced.
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