Tuesday, December 28, 2010

China to Tighten Limits on Rare Earth Exports in Early 2011 - NYTimes.com


China to Tighten Limits on Rare Earth Exports in Early 2011 - NYTimes.com: "China’s commerce ministry announced on Tuesday in Beijing a steep reduction in export quotas for rare earth metals in the first months of next year, a move that threatens to cause further difficulties for manufacturers already struggling with short supplies and soaring prices.

The reduction in quotas for the early months of 2011 — a 35 percent drop in tonnage from the first half of this year — is the latest in a series of measures by Beijing that has gradually curtailed much of the world’s supply of rare earths."

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