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The cleaned Neodymium Iron Magnets sits in a barrel in a Neo Material Technologies Inc. in Tianjin on June 11, 2010.
Bloomberg | Bloomberg | Getty pictures
Exports of rare Earth magnets in the United States in June more than seven times before, because American companies are eager to capture critical elements after the initial Sino-US trading deal.
In April, Beijing placed several critical magnets in several critical magnets, electric vehicles, wind turbines and MRI machines in several critical magnets that require a license for export. The moving was seen as a revenge against the steep tariffs in China in China Donald Trump.
Beijing is in the manufacture of rare earth magnets, estimated 90% of the market, Also a similar retention in the purification of rare land elements used to prepare magnets.
About 353 metric tons of rare land in June, 660% since the previous month, the information provided by the China Customs Office, exports were about half of the last June.
The United States was the second largest place for Germany, the second largest place for rare earth magnets, the largest production sector, especially in the import of importing cars, electronics and renewable energy.
In general, China has exported a rare earth of the 3188 metric tons last month, 160% last month, but 38% lower than in the same period last month.
The growth in exports came after Washington and Beijing had agreed in the last month trade frame China, as well as the refund of some American technological restrictions for rare land exports, as well as in Chinese transportation, as well as.
Ai behemoth Nvidia After limited exports last week in April, H20 AI chips said he planned to be sent to China. Last month, American AI chip program companies have been monitored in China rolled back.
Chinese Rare Land Magnetic Manufacturers began to announce Approval of export licenses last month.
If exports continue to grow, it will benefit the companies suffering from magnetic deficiency for a long time to ensure export licenses. For example, several European automatic parts were forced to suppliers production in recent months.
The magnetic deficiency also hit the developing areas such as humanoid robotics. In April, Elon Musk said that Tesla’s Optimus Humanoid Robots perverted.
Some global governments, who control the sector of China, called on rare land supply chains to reconsider their ways and to seek their way to support the internal mines.
However, experts say that China can build alternatives to a rare earth magnet supply chain, because it may take years because a complex process is required to clean and separate.
“The separation process is very complicated and China has many advantages after investigating these processes for decades,” Yue Wang, CNBC’s Yue Wang, a senior adviser of the Nadir Land in Wood Mackenzie last month.
A road in which the United States is trying to compensate for the lack of rare earthquises, through increasing repetition. Apple and the miner MPs declared one $ 500 million contract Last week, the iPhone producer is for the development of a recycling enterprise that will strengthen the US magnetic supply chain.
Peter Alexander, one of the financial advisors, Z-Ben consultants, said that the latest concessions on Washington’s technological restrictions are reflected in the “how much the use of the CNBC”Chinese connection“Monday.