China's rare earth exports bounced back in December from a four-and-a-half-...
FILE PHOTO: Samples of rare earth minerals from left: Cerium oxide, Bastnaesite, Neodymium oxide and Lanthanum carbonate at Molycorp's Mountain Pass Rare Earth facility in Mountain Pass, California June 29, 2015. REUTERS/David Becker
China, the world’s dominant producer of rare earths - a group of 17 minerals used in consumer electronics and military equipment - exported 3,657 tonnes of the material in December, data from the General Administration of Customs released on Tuesday showed. “December exports tend to rise as buyers look to stock up in advance of the Chinese holiday season,” Ryan Castilloux, managing director of consultancy Adamas Intelligence said by email ahead of the data release.Full-year rare earth shipments came in at 46,330 tonnes in 2019, the lowest annual total since 2015, the data showed.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China December trade growth seen rebounding, but analysts remain cautious: Reuters pollChina is expected to post stronger export and import growth in December, helped ...
Read more »
China December trade beats forecasts: exports up 7.6%, imports up 16.3%China's exports in December rose 7.6% from a year earlier, customs data sho...
Read more »
US-China trade agreement: Trump administration drops designation of China as currency manipulatorThe preliminary pact that both sides are set to sign includes a section that's intended to prevent China from manipulating its currency to gain trade advantages.
Read more »
Trade War With China Took Toll on U.S., but Not Big OneMost of the U.S. economy sailed through two turbulent years of trade war with China with barely a scratch, a review of key economic indicators shows.
Read more »
China Wants To Save Iran Nuclear Deal As It Leaves Their Oil Market BehindChina criticized Trump for killing Kassam Soleimani, Iran's top military general. But it has one thing in common with Washington that is key to Beijing's support.
Read more »