Chinese exports of rare earth magnets to the United States rose last month, according to data from the General Administration of Customs, despite a threat to restrict supplies as part of the ongoing trade war, said the South China Morning Post.
Shipments of rare earth magnets totalled 447 tons last month, according to the customs data, compared with 414 tonnes in June and 356 tons in July 2018.
China is the world’s dominant producer of rare earth magnets, which are widely used in medical devices and consumer electronics as well as defense. It previously threatened to restrict the rare earth supply to the United States, although no formal measures have been announced.
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