China to Reduce Rare Earth Export Quotas in 2011
China's Ministry of Commerce spokesman Yao Jian has stated that China will reduce its rare earth export quotas next year, but not by a very large margin .Yao said that "to protect the environment and natural resources, China will stick…
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to the quota system to manage rare earth exports next year, and quotas will also decline." Though giving no clear extent of the decline, Yao's remarks echoed the comments of Wang Jian, a vice minister of commerce.