China US Rare Earth Exports Rise
Chinese exports of rare earth yttrium to the United States increased in July according to customs data. The rise offers potential relief to American aerospace buyers dependent on the material for aviation applications. The shipments arrive ahead of a planned White House visit by Chinese President Xi Jinping.
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China exported 29 metric tons of yttrium oxide to the United States in July, rising to the second-highest monthly volume since export controls began. The shipments offer relief to aerospace buyers dependent on the critical material for aviation engines and high-temperature coatings. The data arrives as leaders prepare for bilateral trade talks.
