China Rare Earth Exports Fall in May

Published: Jun 8, 2017 13:17
China’s rare earth exports fell on a monthly basis in April, but increased from the same period last year.

SHANGHAI, Jun. 8 (SMM) – China’s rare earth exports fell on a monthly basis in April, but increased from the same period last year.

Customs data showed China exported 4,294 tonnes of rare earth in May, down 744 tonnes month-on-month, but up 5.43% year-on-year. Exports totaled 21,921 tonnes during January-May, up 16.1% from a year ago. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Arafura Secures $159M Investment for Nolans Rare Earth Project, Aims 4% Global Supply by 2029
2 hours ago
Arafura Secures $159M Investment for Nolans Rare Earth Project, Aims 4% Global Supply by 2029
Read More
Arafura Secures $159M Investment for Nolans Rare Earth Project, Aims 4% Global Supply by 2029
Arafura Secures $159M Investment for Nolans Rare Earth Project, Aims 4% Global Supply by 2029
[SMM Rare Earth News Flash] Australian company Arafura Rare Earths announced on April 1 that it had signed binding equity subscription agreements with Germany's KfW and Australia's Export Finance Australia (EFA). The two institutions will jointly invest approximately A$230 million (approximately $159 million) to develop the Nolans rare earth project in the Northern Territory. The project plans to supply 4,440 mt of Pr-Nd oxide per year from H2 2029, accounting for approximately 4% of global supply. Arafura has signed an offtake agreement with Siemens Gamesa and is actively seeking European offtake partners to secure an additional 500 mt/year of Pr-Nd oxide capacity.
2 hours ago
Greenland Rejects Renewal of Australian Company's Rare Earth Exploration License Due to Uranium Content
2 hours ago
Greenland Rejects Renewal of Australian Company's Rare Earth Exploration License Due to Uranium Content
Read More
Greenland Rejects Renewal of Australian Company's Rare Earth Exploration License Due to Uranium Content
Greenland Rejects Renewal of Australian Company's Rare Earth Exploration License Due to Uranium Content
[SMM Rare Earth News Flash] Australian company Energy Transition Minerals (ETM) recently stated that its application to renew the exploration license for the Kvanefjeld rare earth project in Greenland had received a draft decision of rejection from the Greenland government, on the grounds that further exploration activities could not lead to the granting of a mining license. The Kvanefjeld project holds 1.14 million mt of rare earth oxide resources, containing high-value elements such as praseodymium, neodymium, dysprosium, and terbium. The Greenland government's decision was primarily based on the 2021 Uranium Act, which prohibits the development of mineral projects with uranium content exceeding 100 ppm, while the Kvanefjeld ore body has a uranium content of 360 ppm.
2 hours ago
Critical Metals Greenlights $30M for Greenland Rare Earth Project
21 hours ago
Critical Metals Greenlights $30M for Greenland Rare Earth Project
Read More
Critical Metals Greenlights $30M for Greenland Rare Earth Project
Critical Metals Greenlights $30M for Greenland Rare Earth Project
Critical Metals (CRML.O) has approved a $30 million acceleration program to develop its Tanbreez heavy rare earth project in Greenland. The initiative will advance drilling, infrastructure, engineering, and metallurgical work, aiming for first ore production in late 2028 or early 2029, with concentrate exports expected by mid-2029. The move aligns with U.S. efforts to strengthen domestic rare earth and critical minerals supply chains amid reliance concerns on China.
21 hours ago