China's Rare-Earth Metal Exports Spike to Highest Since 2009
The rare-earths sector has been in turmoil since early April, when dominant supplier China launched export controls amid a deepening trade stand-off with the US. That's weighed most heavily on supplies of so-called permanent magnets, which are not covered by the customs data figures released on Monday.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
25 minutes ago
- Bloomberg
Tariq: Fed Waiting For Tariffs to Fully Kick In
Underlying US inflation rose in June by less than expected for a fifth month, as lower car prices helped offset gains in other goods exposed to tariffs. Ayesha Tariq, Macrovisor's Co-Founder spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche about the Fed's path ahead. (Source: Bloomberg)
Bloomberg
25 minutes ago
- Bloomberg
Trump Says He Will Open Up India After Indonesia
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Bloomberg
30 minutes ago
- Bloomberg
Citigroup Backs Silver to Soar Just as Gold's Rally Loses Steam
Silver will extend a rally beyond $40 an ounce in the coming months on tightening physical supplies and growing investment demand, according to Citigroup Inc., which reiterated a more cautious stance on gold. The three-month forecast was raised to $40 from $38, while the six-to-12 month outlook was boosted to $43, analysts including Max Layton said in a note. Gold's outlook was unchanged, with the bank saying the peak may already have been seen, and holding forecasts for a drop below $3,000 next year.
