| Actual shipments of rare earths in 2012 by China reached only 16,265 metric tonnes, declining by 3.5 per cent versus a year ago, official data released by the China Customs Statistics Information Center on Tuesday showed.
It was likewise a far cry to the 2012 export guidance that the country set at 30,966 tonnes. Moreover, the center said the total export value in 2012 also dropped by 66 per cent year-on-year to $906 million. In December 2012, China set its first batch of rare-earth export quotas for 2013 at 15,501 tonnes. The amount would already account as its half-year quota...............................................Full Article: Source
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