South Korea’s Imports Of China’s Rare Earths Grows

ChinaDaily reported South Korea’s rare earth import from China grew 19.1 percent last month due to a fall in import prices.

As quoted in the market news:

Rare earth materials, including scandium and yttrium, are key components for modern-day technologies such as hybrid electric vehicles, liquid crystal display and other high-techproducts.

Meanwhile, magnesium import from China increased 11.9 percent on-month to 736 tons, with those of tungsten surging 107.7 percent to 39 tons.

Click here to read the full ChinaDaily report.