China’s Rare Earth Exports Slump to 5-Year Low

Shipments to the United States recorded a particularly sharp decline, down by 81 percent from a month earlier. 

A loader shifts soil containing rare-earth minerals, at a port in Lianyungang, Jiangsu Province, China, on Sept. 5, 2010. AFP via Getty Images

China’s exports of rare earths have fallen to the lowest level since 2020, as the communist regime tightened the controls over the strategic metals amid trade tensions with the United States.

The volume of rare earth permanent magnets shipped from China plunged by approximately 53 percent from a month earlier in May, according to The Epoch Times’ calculation of data released by China’s General Administration of Customs on June 20.