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China's May rare earth exports up 17% y/y to 4,863 T -Customs

China's May rare earth exports up 17% y/y to 4,863 T -Customs

FILE PHOTO: Samples of rare earth minerals from left: Cerium oxide, Bastnaesite, Neodymium oxide and Lanthanum carbonate at Molycorp's Mountain Pass Rare Earth facility in Mountain Pass, California June 29, 2015. REUTERS/David Becker

BEIJING : China's exports of rare earths in May rose 17 per cent from the corresponding month a year earlier, data from the General Administration of Customs showed on Thursday.

Exports of the group of 17 minerals from the world's largest producer stood at 4,863 tonnes last month, up from 4,171 tonnes a year earlier and up from 4,427 tonnes in April, the data showed.

For January-May, China exported 21,970 tonnes of the minerals, up 10.9 per cent year on year.

Source: Reuters

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