Little Change to China’s 2012 Rare Earth Export Quotas

Bloomberg reported that China’s 2012 rare earth export quotas will be about the same as 2011.

As quoted in the market news:

The full-year quota may be about 31,130 metric tons, according to Bloomberg News calculations based on first-round quota figures given by the Ministry of Commerce in a statement. The quota was 30,184 tons in 2011 and 30,258 tons in 2010.

Click here to read the full Bloomberg report.