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Chemical Week Magazine :: Business & Finance :: Asia/Pacific

China caps rare earth production

7:43 AM MDT | September 20, 2013 | —Deepti Ramesh

The Ministry of Land and Resources (Beijing) will cap China’s rare earth production at 93,800 m.t. for 2013, says the Chinese government. The production cap is in accordance with a national plan to conserve resources and protect the environment, the government says. The plan extends for 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...

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