China’s rare earth exports rose 19.2% year-on-year in March, customs data showed on Tuesday, hitting their highest since at least 2014 as a backlog of product was shipped, helping the industry rebound from a January-February slump due to the coronavirus outbreak.
Exports totalled 5 551.4 t last month, the General Administration of Customs said, up from 4 659 t/y earlier.
The March number exceeded exports in January and February 2020 combined and was the highest monthly total in records on the customs website going back to June 2014.