China's rare-earth miners back in black after export curbs buoy prices

Share values rise but US trade war and rising competition cloud outlook

20250901 a rare earth mine in China

A rare-earth mine in China's Inner Mongolia Autonomous Region. China controls the world's largest reserves of the critical materials. © Getty Images

KENJI KAWASE

TOKYO -- China's major listed state-owned miners of rare earths have all returned to the black or significantly increased their bottom lines, thanks to Beijing export restrictions that helped push up prices of the strategic minerals.

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