China Still Strangling Rare Earths Market

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"China's export quota is really closer to around 20,000 tons and global demand is predicted to be much higher."

New York Times, Manuel Quinones

At first glance, many analysts cheered China's announcement earlier this month that it would allow another 15,738 metric tons of rare earth material exports, bringing the year's total to roughly 30,000.

However, China's export quota is really closer to around 20,000 tons and global demand is predicted to be much higher.

U.S. and E.U. officials criticized China's quota announcement, which came days after a World Trade Organization ruling against the country for export controls of other materials—a development many analysts see as a sign of how the WTO may view similar complaints related to Chinese curbs on rare earth exports. . .View full article

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