China Considers Tightening Rare-Earth Quotas
Source: The Wall Street Journal, Yajun Zhang (8/2/11)
"China is considering tightening regulations on exports of rare-earth metals amid concerns that sharply higher global prices have led to a surge in smuggling."
The Wall Street Journal, Yajun Zhang
China is considering tightening regulations on exports of rare-earth metals amid concerns that sharply higher global prices have led to a surge in smuggling and the export of byproducts that aren't included in current limits.
Government officials and industry executives said they are discussing several measures, including a proposal to bring more byproducts under export limits and another to have separate quotas for light and heavy rare-earth metals. While prices have softened recently, this month's average price in China of eight rare-earth metals was up threefold from March. . . View full article
China is considering tightening regulations on exports of rare-earth metals amid concerns that sharply higher global prices have led to a surge in smuggling and the export of byproducts that aren't included in current limits.
Government officials and industry executives said they are discussing several measures, including a proposal to bring more byproducts under export limits and another to have separate quotas for light and heavy rare-earth metals. While prices have softened recently, this month's average price in China of eight rare-earth metals was up threefold from March. . . View full article