China’s rare earth carbonate ore and rare earth oxide imports from Myanmar higher in 2020

SHANGHAI, Feb 2 (SMM)—China’s rare earth exports in December stood at 4,168 mt, up 13.97% from a year earlier. Rare earth export value in December stood at 259 million yuan. Exports from January to December declined 23% year on year to 35,448 mt. Export value fell 21.3% year on year in January-December to 2.4 billion yuan.

China imported 28,098 mt of unspecified rare earth oxide and mixed rare earth carbonate ore in January-December, 14% lower than the same period last year. Rare earth ore imports (unspecified rare earth oxide and mixed rare earth carbonate ore) from Myanmar stood at 23,713 mt, down 14% on the year.

China imported 17,487 mt of mixed rare earth carbonate ore from Myanmar, up 21% year on year.  Unspecified rare earth oxide imports from Myanmar stood at 1,567.33 mt from January to December in 2020, up 21.86% on the year.

China’s rare earth metal ore imports from the US rose 54.73% on the year to 71,406 mt from January to December, while that from the US in December stood at 7,371 mt, up 51.48% year on year.

Source: SMM, China Customs

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