The Conversation (0)
IBTimes reported China’s stronghold on tungsten and other rare earths continues.
IBTimes reported China’s stronghold on tungsten and other rare earths continues.
As quoted in the market news:
China consumes some of the world’s most used materials such as tungsten and molybdenum, which is used to make hi-tech equipment, cars, chemicals, steel and products in the non-ferrous metal industries.
It also holds some of the world’s largest reserves in 17 materials and has placed stringent export restrictions, including quotas, duties and additional requirements on them.