China’s exports of rare-earth magnets increased nearly threefold in June from the previous month, after the country lifted some export controls on the critical industrial inputs following a deal with the U.

Total cargoes of the magnets rose to 3,188 tons last month, according to Chinese data on Sunday, more than double volumes of 1,238 tons in May.

China has released its first set of rare earth mining quotas for 2025 quietly, marking a move to tighten state control over an industry vital to everything