China's exports of rare earth products, including rare earth magnets, have recovered to a six-month high as of July 2025. Following a period in which Beijing restricted supplies to counteract US tariffs imposed during trade tensions with the Trump administration, shipments surged 69% to 6,422 tons. Rare earth magnet exports specifically increased nearly 75% month-over-month to 5,577 tons in July, marking the highest single-month total since April 2025 when trade tensions escalated. Major destinations for these exports included Germany, the United States, and Vietnam. Exports of rare earth magnets to the US rose substantially from 46 tons in May to 353 tons in June and 619 tons in July, reflecting normalization following a trade truce between China and Washington. Additionally, rare earth prices in China have surged above 100,000 yuan per ton, boosting sector valuations and profits. Meanwhile, Chinese lithium carbonate futures experienced volatility, hitting a two-week low amid supply concerns and increased trading activity.