China has released its first set of rare earth mining quotas for 2025 quietly, indicating an increasing state control over this strategic industry.
New Rare Earth Quotas
The Chinese government issued the initial mining quotas for rare earths for 2025 without any formal announcement. Companies granted permission for mining and processing are required to maintain confidentiality regarding the figures. Neither the volume nor the breakdown of mining and smelting allowances were disclosed.
Increase in Rare Earth Shipments to the US
In June, shipments of rare earths and magnets from China to the US surged sharply to 353 metric tons, a 660 percent increase compared to May. This surge followed agreements aimed at addressing a backlog of export licenses. Earlier this year, China added several rare earth items to its export restriction list in response to US tariffs, disrupting supply chains.
Current Market Analysis for Rare Earth Metals
China typically publishes quarterly quotas for rare earth metals, but this year’s decision was made quietly. Analysts are closely monitoring these quotas, as they signal how much will enter the global market and the potential impact on supply.
The quotas and the competition for resources remain significant aspects of international trade that require careful analysis from the business community and governments.
