China REE Exports Spike Following WTO Ruling

China’s rare earth exports shot up by over 31 percent last month. The spike comes after the WTO ruled last month that China’s quotas and export duties on the resource went against WTO rules, according to the Economic Times.

As quoted in the publication:

According to the new customs data, Chinese companies exported 2,353 tonnes of rare earths last month, nearly 31 per cent more than the previous month.

China’s rare earth exports fell to 1,556 tonnes in June, the lowest level of this year, according to the General Administration of Customs ( GAC).

Click here to read the full Economic Times article.