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Reuters reported that China plans to uphold its rare earth export policies.
Reuters reported that China plans to uphold its rare earth export policies.
As quoted in the market news:
Some analysts have said its policies are designed to give priority of supply to domestic consumers and encourage foreign consumers, mostly in high-tech strategic sectors, to move their operations to China. China has rejected this, saying nationwide output caps – which comply with WTO rules – have also raised domestic prices and forced local users to scale back operations.