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China's Rare Earth Magnet Exports to U.S. Soar 660%

7/20/2025

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Summary

Story summary

In June, China's rare earth magnet exports to the U.S. skyrocketed by 660% from May, totaling 353 metric tons, thanks to a new trade deal easing shipment hurdles. However, this surge still fell short by 38.1% compared to June 2024. Analysts predict a continued rebound in July as more licenses are issued.

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Story summary

In June, China's rare earth magnet exports to the U.S. skyrocketed by 660% from May, totaling 353 metric tons, thanks to a new trade deal easing shipment hurdles. However, this surge still fell short by 38.1% compared to June 2024. Analysts predict a continued rebound in July as more licenses are issued.