China's outbound shipments of rare earths in May jumped 23% on the month to their highest in a year, though Beijing's export curbs on some of the critical minerals halted some overseas sales, with shortages rippling through global manufacturing.

Chinese exports of rare earths, a group of 17 minerals at the center of a trade dispute with Washington, rose 23% in May from the previous month, according to customs data on Monday.

China's rare earths exports rose 23% in May, amidst ongoing trade tensions with the US. Despite this increase, total shipments remain below last year's levels. The US and China are set to discuss rare earths and tariffs in an upcoming trade talk.