Category Archives: export quota
China announces cut in rare earths export quota
BEIJING: China announced a cut yesterday in its rare earths export quota as it tries to shore up sagging prices for the exotic metals used in mobile phones and other high-tech goods. China accounts for 97 per cent of rare earth output and its 2009 decision to curb exports while it builds up an industry to create products made with them alarmed foreign companies that depend on Chinese supplies …
