Myanmar Rebel Group Resumes Rare Earth Exports to China

[geovalin]

 

A Myanmar rebel group controlling a major rare earth zone has authorised the export of existing stockpiles to China, easing supply concerns that had driven up prices.

 

The Kachin Independence Army (KIA), which seized control of mining areas in Kachin state last October, informed miners that shipments could resume from 28 March, sources told Reuters. The group will impose a tax of 35,000 yuan (£3,900) per tonne on exports.

 

China, the world’s largest importer of rare earths, has faced supply shortages since Myanmar’s exports plummeted, with terbium oxide prices surging nearly 22% in six months. Prices have since dipped 1% as expectations of increased supply grow.

 

The KIA has not publicly commented, but its decision marks a shift in Myanmar’s rare earth trade, with potential ripple effects on global markets.

 

-2025-03-28