The sharp rise in shipments comes after China’s Ministry of Commerce began clearing a backlog of export licenses, which had been held up following sweeping controls imposed in April.

China’s rare earth exports soar after trade war restrictions eased

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A fragile trade truce between the US and China offers temporary relief to carmakers and tech firms amid ongoing delays in rare earth magnet exports, with hundreds of licence applications still stalled and fresh supply risks looming.

China’s rare earths flow again but supply risks remain as US and Beijing strike deal

This decline follows Beijing tightened export controls citing national security. Industry bottlenecks have arisen from stricter customs approvals. 

China tightens grip on rare earths as magnet exports drop 53% in May