China trims rare earth quota for H1 2014

December 13, 2013
Workers stand on a roadside near a 'toxic lake' surrounded by rare earth refineries near the inner Mongolian city of Baotou on August 19, 2012

China on Friday trimmed its export quota for rare earth resources for the first half of next year.

The country produces more than 95 percent of the world's , 17 elements critical to manufacturing everything from iPads to low-emission cars.

Beijing imposes production caps and export quotas on the minerals with, it says, the aim of protecting resources and the environment to promote .

The restrictions have angered major trading partners and the World Trade Organization has reportedly concluded they are not in line with its rules.

The government will initially allow 27 rare earth producers and distributors to export a total 15,110 tonnes in the first six months of 2014, the Ministry of Commerce said in a statement.

The figure represents a 2.5 percent reduction on the same period this year.

A woman standing on the banks of a 'toxic lake' surrounded by rare earth refineries near the inner Mongolian city of Baotou on August 19, 2012

The quota has not always been met. China exported 16,265 tonnes in 2012, according to Customs, just over half the 30,966 tonne quota for the year.

Explore further: China to raise rare earths production this year

Related Stories

China to raise rare earths production this year

March 31, 2011

(AP) -- China said Thursday it will increase this year's production quota for rare earths but gave no sign it might reverse plans to cut exports of the exotic metals needed by high-tech industry.

China starts stockpiling rare earths: report

July 5, 2012

China has started stockpiling rare earths for strategic reserves, a state-backed newspaper said Thursday, in a move that may raise more worries over Beijing's control of the coveted resources.

China raises rare earths export quota for 2012

August 22, 2012

(AP) — China on Wednesday slightly increased this year's quota for rare earths exports under controversial controls on the exotic minerals needed by manufacturers of mobile phones and other high-tech products.

China opposes release of WTO report on rare earths

November 1, 2013

China said Friday it opposes the release of a WTO report about its export curbs on rare earths—exotic minerals used in mobile phones and other high-tech products—following news accounts that the document rejects Beijing's ...

Recommended for you

Netherlands bank customers can get vocal on payments

August 1, 2015

Are some people fed up with remembering and using passwords and PINs to make it though the day? Those who have had enough would prefer to do without them. For mobile tasks that involve banking, though, it is obvious that ...

1 comment

Adjust slider to filter visible comments by rank

Display comments: newest first

Osiris1
not rated yet Dec 14, 2013
Time for us to speed up our space programs so we can mine asteroids for our stuff......before we run toooo short of them here.

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.