China Issues Higher Export Quotas

- May 17th, 2012

Bloomberg reported that qualifying companies in China have been approved for increases to their rare earth export quotas.

Bloomberg reported that qualifying companies in China have been approved for increases to their rare earth export quotas.

As quoted in the market news:

While some units of Baotou Iron & Steel Group, Aluminum Corp. (2600) of China and other companies received quotas, Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co. (600111), one of the units of Baotou Steel, remained excluded.

Click here to read the full Bloomberg report.

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