China continues to manage quotas for international supply of rare earths according to WTO rules
Source: Internet
Author: User
KeywordsRules quotas continued rare earths WTO
BCC, Beijing, January 19 (Xinhua) China will continue to supply rare earths to the international market and manage export quotas for rare earths in accordance with WTO rules, according to the economic and financial morning news, said a spokesman for the Ministry of Commerce, Yao Jian. After the Ministry of Commerce announced that the export quotas for rare earths are only the first batch of quotas, not the total annual quota, the annual quota of the Ministry of Commerce and the relevant departments in the process of consultation, will be released in time. It is understood that through the development of rare earth and other types of minerals such as tungsten and tin antimony special rectification action, China's rare Earth and other mines have been integrated from 400 to 116, illegal exploration and mining behavior has been effectively curbed.
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