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China's rare earth exports climbed in 2024 despite a dip in domestic demand and supply issues from the US and Myanmar.
China's rare earth exports rose by 6% in 2024, reaching 55,431 metric tons, despite a drop in domestic demand due to slower economic growth.
China, the world's largest rare earth producer, exported 3,326 tons in December, while imports fell by 41.1% to 9,645 tons, mainly due to supply issues from the US and Myanmar.
Disruptions in Myanmar's mining hub also contributed to the decline in imports.
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Las exportaciones de tierras raras de China aumentaron en 2024 a pesar de una caída en la demanda interna y los problemas de oferta de los EE.UU. y Myanmar.