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China announces second REE quota for 2013

Posted on 03 July 2013

China’s Ministry of Commerce announced its second rare earth export quota of 15,550 tonnes for this year. The quota includes 13,821 tonnes for light rare earth metals and 1,670 tonnes for heavy rare earth metals.
Monday’s announcement brings this year’s full year REE quota to 31,001 tonnes. The REE quota for the first half of this year was set at 15,501 tonnes. China, which produces 95% of global rare earths, exported 16,265 tonnes of rare earths in 2012 although the allocated quota for last year was 30,966 tonnes……………………………….Full Article: Source


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