China May Meet Rare Earth Export Quotas on Increased Demand

Bloomberg reported that stronger demand due to lower prices may push China to double its exports of rare earths.

As quoted in the market news:

The Chinese government allocated 10,546 tons of first-round export quotas to nine companies, including China Minmetals Corp. and Sinosteel Corp (SINOSZ)., that met the government’s environmental protection standards, the ministry said.

Click here to read the full Bloomberg report.