China has increased exporting rare metal metal of 80%

In the “products” categories, magnets prevail, which are key components in the manufacture of electrical vehicles, smartphones, warriors.

In June, China increased exporting products from rare soil elements by 80% after the minimum of May to five years. Delivens increased to 3,808 tons, indicate customs service data, report Bloomberg On Friday, July 18.

The climax occurred with the weakening of the state export control background, which was introduced in April to seven rare elements of the soil, including magnets for high labor.

Despite the growth of volumes, exporting remains less than levels in trading restrictions.

G7 countries that once called Beijing to restore supplies to prevent the lack of magnets – critical for electric vehicles, smartphones and defense industries.

Recently, China also recorded the record export of rare -earth materials until the highest in 2009. This indicates an increase in demand from manufacturers of magnets outside China.

Separately, China’s Ministry of State Security has announced its desire to combat the manufacture of rare elements of elements, accusing the unnamed foreign structures of illegal traffic through mailing channels.

Earlier it was learned that China had restored the export of rare magnets of the western land. However, the export followed was reduced by 61%.

Prior to that, Chinese exports to the United States fell 34.5% compared to last year, which was the most sharp fall since February 2020, when Covid-19 trade violations violated trade.

China has increased export of rare land elements by 60%

News from CORRESPONDENT.NET On the telegram and whatsapp. Subscribe to our channels https://t.me/KorresPondentNet and WhatsApp