Rare-earth prices hover near record highs amid China export curbs

Rare-earth prices hover near record highs amid China export curbs Rare-earth prices hover near record highs amid China export curbs

TOKYO — Prices of rare-earth metals remain close to record highs, elevated by sudden scarcity due to Chinese export curbs, with little relief expected soon on these critical materials for advanced industrial and defense applications.

Dysprosium and terbium, which are used in high-performance magnets, tripled in price during May compared with April before slipping from record levels since then.