China Sets First Rare Earth Output Quota for 2013 at 46,900 Tons
This article is for subscribers only.
China, the world’s biggest supplier of rare-earths, set the first of two production quotas for 2013 at 46,900 metric tons of the ore that is refined for use in mobile phones, hybrid cars and missile systems.
The figure is about half the total quota set last year, according to a Ministry of Land and Resources statement posted on its website on Jan 5. The ministry didn’t make public the production quotas last year, while the figure in 2011 was 93,800 tons.