ANNOUNCEMENT 17 May 2012
In May 2012, the government of China announced an altered export quota.
NUMBER OF INTERVENTIONS
On 17 May 2012, the Ministry of Commerce (MOFCOM) announced the additional quota on rare earth export for 2012. According to the Notice, 11 companies have passed environmental requirements of the Ministry of Environmental Protection and are entitled as qualified rare earth exporters with total export quota of 9,490 tons quota on light rare earth and 1,190 tons quota on heavy rare earth additionally for 2012.