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Commodities

China Jan-Feb rare earth exports down 5.6% on year - 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 (Reuters) - China’s rare earth exports fell 5.6% in the first two months of 2023 from a year earlier, data from the General Administration of Customs showed on Tuesday.

Exports of the group of 17 minerals from the world’s largest producer decreased to 7,391 tonnes in the January-February period, the General Administration of Customs said.

In the first two months of 2022, China exported 7,835 tonnes of rare earth minerals.

Reporting by Siyi Liu and Dominique Patton; Editing by Kim Coghill

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