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Rare earth market Update 2022 # 8 Looking ahead to lifting the lockdown, from the latter half of May

China's economy was deteriorating due to a series of factory shutdowns amid the lockdown (city blockade) in China that began in March in three cities including Shanghai. As the production of neodymium magnets, which are the main components of EV (electric vehicle) motors produced in the country, declined, dysprosium, which is an essential additive for improving the
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