
China's exports of rare earth magnets to US surge in june
Outbound shipments to the United States from the world's largest producer of rare earth magnets surged to 353 metric tons in June, up 660 per cent from May, data from the General Administration of Customs showed on Sunday.
That came after pacts reached in June to resolve issues around shipments of rare earth minerals and magnets to the United States. Chipmaker Nvidia plans to resume sales of its H20 AI chips to China as part of the agreement.
China, which provides more than 90 per cent of the global supply of rare earth magnets, decided in early April to add several rare earth items to its export restriction list in retaliation for U.S. tariffs.
The subsequent sharp fall in shipments in April and May, due to the lengthy time required to secure export licences, had upset the global supply chain, forcing some automakers outside China to halt partial production due to a rare earths shortage.
In total, China exported 3,188 tons of rare earth permanent magnets globally last month, up 157.5 per cent from 1,238 tons in May, although the June volume was still 38.1 per cent lower than the corresponding month in 2024.
Shipments of magnets are likely to recover further in July as more exporters obtained licences in June, analysts said.
During the first half of 2025, exports of rare earth magnets fell 18.9 per cent on the year to 22,319 tons.

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This ELSS fund offered a CAGR of 16.45% on lumpsum investments since March 1993. Aditya Birla SL Large & Mid Cap Fund (earlier known as Aditya Birla Sun Life Equity Advantage Fund) turned Rs 1 lakh lumpsum investment to Rs 1.16 crore in 30.43 years. The fund delivered a CAGR of 16.94% on lumpsum investments made since February 1995. Other funds completing 30 years Around 10 other funds have completed 30 years of existence in the market but they could turn the Rs 1 lakh lumpsum investment ranging between Rs 12.46 lakh to Rs 92.61 lakh since their respective inception date in over 30 years. Launched in February 1993, SBI Large & Midcap Fund (earlier known as SBI Magnum Multiplier Fund) turned the Rs 1 lakh investment to Rs 92.61 lakh in 32.42 years. ICICI Pru Multicap Fund (earlier known as ICICI Prudential Top 200 Fund) and HDFC Value Fund (earlier known as HDFC Capital Builder Value Fund) turned the Rs 1 lakh investment to Rs 80.32 lakh and Rs 74.83 lakh respectively in more than three decades. The schemes were launched in October 1994 and February 1994, respectively. Two other large & mid cap funds - Tata Large & Mid Cap Fund (earlier known as Tata Equity Opportunities Fund) and HDFC Large and Mid Cap Fund (earlier known as HDFC Growth Opportunities Fund) turned the lumpsum investment of Rs 1 lakh to Rs 53.62 lakh and Rs 46.34 lakh respectively since their respective inception. The funds were launched in February 1993 and February 1994. Also Read | Silver ETFs jump 31% in 2025 as metal hits all-time high. Should you bet on this rally? Tata Mid Cap Fund which was earlier known as Tata Mid Cap Growth Fund turned the Rs 1 lakh investment to Rs 43.69 lakh in nearly 31.08 years. Two funds from Taurus Mutual Fund - Taurus Large Cap Fund and Taurus Flexi Cap Fund - turned the same lumpsum investment to Rs 22.83 lakh and Rs 22.68 lakh respectively. JM Large Cap Fund and Taurus Mid Cap Fund turned the lumpsum investment to Rs 15.36 lakh and Rs 12.46 lakh respectively in 30.33 years and 30.90 years, respectively. We considered equity mutual fund categories. We excluded sectoral and thematic funds and hybrid funds. We considered regular and growth options. Note, the above exercise is not a recommendation. The exercise was done to find which equity funds turned Rs 1 lakh investment to over Rs 1 crore in the last 30 years. One should not make investment or redemption decisions based on the above exercise. One should always consider risk appetite, investment horizon, and goals before investing. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@ alongwith your age, risk profile, and Twitter handle.