Another bumper month (and year) for China’s REE exports

In December, China’s rare earth (REE) exports were up by nearly 50% m/m – much higher than the 10% m/m average growth seen since the start of 2012. We believe the sharp increase was partly seasonal, as a number of firms probably brought forward orders ahead of the Chinese New Year holiday. But the changes to China’s export regime at the start of last year are also continuing to boost exports.

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