Chinese Rare Earth Export Quotas May Drop in 2012

CapitalVue reported that China may reduce its 2012 rare earth exports again following slowing economic growth.

As quoted in the market news:

The total quota of rare earth exports granted by the Ministry of Commerce to 31 enterprises in 2011 was 30,184 tons. During the first three quarters of 2011, rare earth exports totaled only 12,000 tons, down 65 percent year-on-year.

Click here to read the full CapitalVue report.