ANNOUNCEMENT 18 Jun 2013In June 2013, the government of China announced an altered export quota.
NUMBER OF INTERVENTIONS
On 18 June 2013, the Ministry of Commerce issued the second batch of export quota on rare earth for 2013. The export quota on light rare earth is 13821 tons, an increase of close to 50% compared to the second batch of 2012.
The export quota on middle and heavy rare earth is 1679 tons, an increase of around 30% compared to the second batch of 2012.