Ministry of Commerce: China's rare earth exports cut back next year

Source: Internet
Author: User
Keywords Small rare earths export volume
China's rare-earth exports will not fall much further next year, according to a spokesman for the Ministry of Commerce, Yao Jian, who said yesterday that export quotas for rare earths have been slashed in recent years. "For the purpose of protecting resources and the environment, China will continue to impose quotas on rare-earth exports next year, and quotas will be cut," Yao said. "Rare Earth" is a general designation of lanthanum elements in the periodic table of chemical elements, including 17 chemical compounds, which are widely used in the fields of cutting-edge science and technology and military industry. In recent years, with the rapid development of High-tech industry, the global demand and consumption of rare earths has grown rapidly. Xinhua
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