China Rare Earth Exports Down 65% in Jan-Sept

Reuters Africa reported that China has exported only 40% of its 2011 rare earth export quota so far this year.

As quoted in the market news:

Beijing imposed an export quota of 30,184 tonnes this year, down only marginally from 30,258 tonnes in 2010 but still enough to stoke concern in the United States and elsewhere that it was seeking to strengthen its chokehold on global supplies.

Click here to read the full Reuters Africa report.