Smuggling and Illegal Rare Earth Production Still Taint Chinese Industry

Reuters reported that despite aggressive measures taken by China to curb the problem, illegal rare earth production and smuggling still plague the industry.

As quoted in the market report:

Unplanned exploitation and production of rare earths has affected the normal workings of the market, and illegally-produced rare earth products have reached downstream consumers through a variety of channels or been smuggled abroad, leading to a continuous decline in prices,” he said.

To view the whole Reuters report, click here.