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EnviroTech :: Environment
China Releases New Batch of Rare Earth Export Quotas
3:15 PM MDT | August 22, 2012 | Vincent Valk
China’s Ministry of Commerce (MOC; Beijing) has released the latest batch of rare earths export quotas, according to state reports. The quotas total 9,770 m.t., with 8,537 m.t. of that light rare earths (LREs) and 1,233 m.t. of it heavy rare earths (HREs). The new quotas bring the export quota for all of 2012 to 30,996 m.t. of the 17 rare earth metals, 2.7% higher than 2011’s total and the highest since 2009. Though the quotas are up for this year, the increase from 2010 and 2011 is small, notes Gareth Hatch, founding principal at Technology...
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