Home > What's New > Chinese Rare Earth exports will be reduced next year
Chinese Rare Earth exports will be reduced next year 2012-08-03
According to latest reports
Xinhua: Chinese Commerce Ministry spokesman Yao Jian 2, told Xinhua that in view
of recent years has greatly reduced the export quota of rare
earth, rare earth in China next year, the decrease in exports will
not be much.
Yao said: "For the purpose of
protecting resources and the environment, next year China will continue to
manage the rare earth export quota, and quotas will be cut."
Yao did not give a reduction in
the amount, but his latest statement this can be regarded as China's Vice
Minister of Commerce Chen Jian made statement to the media on Monday for further
elaboration.
Chen Jian on Monday the foreign
media that China's exports of rare earths in 2011 will not be substantially
increased, not reduced significantly.
Chen Jian pointed out that
although China's exports of rare earth management, but does not limit the export
of rare earth or to maintain a certain amount of growth, but not casual, through
the quota management tool.
Rare is the periodic table of
chemical elements in the lanthanide collectively, including 17 kinds of chemical
elements, widely used in cutting-edge technology areas and military areas.
Recent years, with the rapid
development of high-tech industry, global demand for and consumption of
rare-earth rapidly.
Senior Chinese government
official said that China will strictly protect the earth's precious
non-renewable resources, to prevent their over-exploitation, in particular,
excessive digging and excessive and cause serious environmental damage.
The implementation of China's
rare earth products in 1998 the export quota license
system, and the inclusion of rare earth raw materials processing trade ban
catalog. In 2006, China stopped issuing
new permits mining of rare earth, and rare earth mining mandatory plans.
Providing by China Rare earth
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