Rare Earth crisis deepens: China’s shipments sink to...

Dununu.com Dununu

Patrocinados

Rare Earth crisis deepens: China’s shipments sink to five-year low; down 74% YoY in May

RSS Feed Business

Posted

55

China's rare earth magnet exports plummeted in May, hitting a five-year low due to new export restrictions and stricter customs scrutiny. This disruption has impacted global industries, including automotive and aerospace. While China aims to control strategic resources and ease trade tensions, customs delays and regulatory ambiguity persist, hindering shipments despite some export licenses being approved.

Read Full Article

Please log in to like, share and comment!

'Declined Trump's invite to US to coming to land of Lord Jagannath,' says PM Modi; flags off Boudh rail link ahead of Rath Yatra

By 0 5

Tennis racket to microphone: World No. 1 player Jannik Sinner makes singing debut alongside Andrea Bocelli

Tennis star Jannik Sinner and tenor Andrea Bocelli have released a new song. The song titled...

By 0 5

Nagarjuna Mayor Basnet found guilty in bribery case

KATHMANDU: Mohan Bahadur Basnet, Mayor of Nagarjuna Municipality in Kathmandu, has been found...

By 0 6

UP shocker: 55-year-old man marries son’s fiancée; 'she was to be my daughter-in-law’

By 0 20

‘Modi, Nitish are not mass leaders’: Tejashwi Yadav mocks PM’s Bihar rally amid NDA-RJD war of words

By 0 18