China's rare earth magnet exports experienced a significant resurgence in July, reaching a six-month peak of 5,577 metric tons. This rebound, a nearly 75% increase from June, signals a return to pre-export control levels,

China's exports of rare earth magnets recovered to hit a six-month high in July, showing trade flows of the critical minerals key to electric vehicles have returned to levels seen before Beijing imposed export curbs.

China's chokehold on rare earths has hit home with US President Donald Trump's trade wars. When Beijing restricted exports, a powerful bargaining chip in tariff negotiations, it sent manufacturers around the world into their war rooms. China, they realised with alarm, had the power to stop their factories.