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China to buy rare earths from US as part of trade pact

Chinese Vice-Premier Liu He and US President Donald Trump display the signed “phase-one” US-China trade agreement at the White House.

China has agreed to buy two types of rare earth metals from the United States as part of an initial trade deal inked on Wednesday, a move likely to boost US production of the strategic minerals.

The agreement, signed in Washington by Chinese Vice Premier Liu He and US President Donald Trump, gives China two years to ramp up purchases of hundreds of US products, including scandium and yttrium, two of the 17 rare earths commonly used in lighting and computers.

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