In June 2025, China exported 7,742 tonnes of rare earth elements — a 60% increase compared to June 2024 and 32% more than in May. This is the highest monthly volume since December 2009. Analysts link the surge to recent easing of export controls and behind-the-scenes agreements with the United States. Reports in June indicated that China issued export licenses to select US companies and simplified procedures for European countries.

Although export volume rose, the total dollar value dropped by 47%, likely due to a shift in the export mix: more lower-value rare earths were shipped, while high-value ones remained tightly controlled. A fuller picture is expected when detailed trade data is released on July 20.

Rare earths are critical to industries such as automotive, aerospace, electronics, and defense, and China retains a strategic advantage as the world’s dominant supplier.