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Rare Earths MMI: US–China Trade Deal Eases Rare Earth Export Controls

From agmetalminer.com

The Rare Earths MMI (Monthly Metals Index) moved sideways, rising a modest 0.66%. Meanwhile, prices for rare earths may experience short-term stabilization in the upcoming months, primarily due to President Trump reaching an agreement with China to ease restrictions on critical mineral exports. {chart} In a recent developments, Beijing and Washington agreed to lift China’s export curbs on rare earth minerals. The June 27 agreement will allow shipments of Chinese rare earth magnets and other critical minerals to resume flowing to the U.S. after months of disruption. Under the agreement, China’s commerce ministry ... (full story)

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  • Category: Fundamental Analysis