ANNOUNCED AS TEMPORARYNo
On 22 August 2012, the Ministry of Commerce (MOFCOM) announced the 2012 second batch of export quota on rare earths. The 2012 second batch of 9,770 tons is 37 per cent lower compared to the 2011 second batch quota. However, the total export quota on rare earths in 2012 is 31,996 tons, which corresponds to a 6 per cent increase compared to 2011.
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