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