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CNBC News reported that China will raise taxes on mining of rare earths.
CNBC News reported that China will raise taxes on mining of rare earths.
The market news is quoted as saying:
The tax bureau said Thursday that taxes will rise to either 30 yuan ($4.5) or 60 yuan ($9) per ton, depending on whether the elements are categorized as light or heavy.
To read the full market news, click here.