China Considers Further Rare-Earth Quotas . |
Wall Street Journal - Dec 29, 2010 |
China is considering issuing export quotas for rare-earth alloys in a bid to further regulate the exports of the minerals used in a variety of high-tech industries, a person close to the discussion of the plan said Tuesday.
China is also considering separate export quotas for heavy and light rare earths in a bid to better manage exports of such materials, the official said.
Officials have talked before about adjusting the quota system, and there is no sign a decision is imminent. But the government's current consideration comes as the rare-earths industry—and China's dominance of it—is under greater international scrutiny than ever before.
Currently, China issues a single quota for rare earths, comprising 17 elements that are usually categorized into two kinds, giving exporters more incentive to ship the more precious and lucrative heavy rare earths overseas for higher returns.
Read Full Article from Wall Street Journal
- Posted: 2010-12-29 12:43:11
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