China December rare earth magnets exports to Japan down 8% on month

China's exports of ‌rare earth magnets to Japan fell by ⁠8% in December from November, before Beijing announced a ban ​on exports of dual-use items ‍that could be used for military purposes in reaction to ⁠Japanese Prime ‌Minister ⁠Sanae Takaichi's Taiwan remarks.

Outbound shipments ‍from the world's largest ​producer of rare earth magnets to ⁠Japan was at 280 metric ⁠tons last month, down from 305 tons the ⁠month before, data from the ⁠General Administration ‌of Customs showed on Tuesday.

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