Shipments of magnets are likely to recover further in July as more exporters obtained licences in June, analysts said.

(Reuters) -China has quietly issued its first 2025 rare earth mining and smelting quotas without the typical public statement, sources with knowledge of the matter said this week, another sign of Beijing tightening its control over the crucial sector.

Despite a detente on China’s restrictions on the critical manufacturing inputs, shipments remain far below last year’s levels.