ANNOUNCEMENT 29 Jun 2009In June 2009, the government of China announced an altered export quota.
NUMBER OF INTERVENTIONS
On 29 June 2009, the Ministry of Commerce issued Notice No. 62 of 2009, introducing the second batch export quota on rare earth for 2009. The total quota from the notice has been increased to 16'267 tons.
The notice does not destinguish between light and heavy rare earths. There are in total 20 Chinese companies qualified for the rare earth export in 2009.