U.S. firms scramble to secure rare-earth magnets — imports from China surge 660%
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最新报道：China's exports of rare earth magnets surged by 35% year-over-year in June, reaching a record high of $420 million, according to customs data. The spike comes amid growing global demand for components critical to electric vehicles, wind turbines, and consumer electronics. Industry analysts attribute the increase to stockpiling by international buyers ahead of potential export restrictions, as China controls over 80% of global rare earth processing capacity. The Ministry of Commerce stated exports remain within normal trade patterns, dismissing concerns about supply chain manipulation. Major importers included Germany, Japan, and the U.S., which collectively accounted for 60% of shipments.
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