China’s exports of rare-earth magnets increased nearly threefold in June from the previous month, after the country lifted some export controls on the critical industrial inputs following a deal with the U.

China exported more rare earth elements in June, with shipments to the US rising by 660% on a monthly basis, according to Beijing’s General Administration of Customs. Total exports of the precious metals increased to 3,

China's exports of two critical minerals used in weapons, telecommunications and solar cells have plunged over the past three months amid a crackdown on smuggling and transshipment that has involved China's top spy agency.