ANNOUNCEMENT 26 Dec 2011

In December 2011, the government of China announced an altered export quota.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

PRC Ministry of Commerce, December 26th, 2011. (《商贸函[2011]1133号 》 商务部关于公布2012年稀土出口企业名单并下达第一批出口配额的通知)
http://www.gov.cn/gzdt/2011-12/27/content_2031035.htm



'2011'1133
http://www.mofcom.gov.cn/aarticle/b/e/201112/20111207901475.html

Inception date: 01 Jan 2012 | Removal date: 31 Dec 2012

Export quota

On 26 December 2011, the the Ministry of Commerce (MOFCOM) released the Notice on 2012 First Batch Rare Earth Export Quota. The export quota are distributed to 9 companies, and the quota on light rare earth is 11243 tons, on middle and heavy rare earth is 1760 tons.
 
Comparing to the total quota number from the last announcement in 2011, there is a 45% decrease in export quota.

AFFECTED SECTORS