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Regions :: China

China caps rare earth production

12:39 AM MDT | September 16, 2013 | Deepti Ramesh

The Chinese government says that the Ministry of Land and Resources (Beijing) will cap rare earth production at 93,800 m.t. for 2013. The caps are set in accordance with a national plan to conserve resources and protect the environment, the government says. The plan extends a seven-year period that began in 2008. China says its rare earth deposits account for only 23% of the world’s total. The country, however, remains the world’s largest rare earth exporter, accounting for about 96% of global supplies for the 17 rare earth metals. These products have...

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