Japanese Rare Earth Imports Are Drastically Reduced

Japanese rare earth imports are drastically reduced, from January to April, Japan's rare earth imports from China than the same period last year decreased by about 7 percent.In addition to Japanese companies have enough inventory, the removal of rare earth technology development has also made a breakthrough, so rare usage is declining. Due to the impact of falling demand, the trading price of Japanese exports also fell, making use of high-performance neodymium magnets and dysprosium currently reaching record highs in July last year, down by about 7 percent.

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