China Launches Rare Earths Pollution Caps

The Chinese government has set emissions standards for the production of rare earth metals, according to a statement by the Ministry of Environmental Protection. The standards will cover about 15 pollutants and apply to all production inside China, the ministry says. China produces over 95% of the world's supply of rare earths. The new standards are expected to lead to consolidation in the industry and price increases, including for exports, according to a report in China Daily. The industry will need to invest about $230 million to build sewage treatment...

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