Permanent Magnet:Commerce ministry spokesman YaoJian dec. 15 in regular news conference, said 2011 rare earth export quotas are formulating and will be released as soon as possible, China will also take responsible attitude to strengthen international cooperation, ensure the basic market supply.

YaoJian said this cooperation should be in many aspects, including technical cooperation, exploitation of new resources and put into use, as well as with China resources matching exports and the production, etc. "China hope in the future for a period of time, through international cooperation to further develop the new reserves, provide support for global related industry."

He further pointed out that China will continue to adjust rare-earth production, smelting and export scale. Because rare-earth production and processing of process exists serious pollution, industrial departments are through introducing advanced technology to improve rare-earth production process, improve environmental standards and level.

China exports to Japan 66 tons of rare earth

Japan's asahi shimbun reported Japanese business website, rare earth import the biggest trading company invested ShuangRi yesterday confirmed, once stagnation of China to Japan rare earth export trade has reopened. According to ShuangRi trading company introduces, 27 from tianjin and Shanghai, 28 from Shanghai, loading total 66 tons of rare earth has three hauler respectively are expected to most night instead of port, on December 4, arrived in Japan.

On the import of rare species, to protect the user ShuangRi invested commercial secrets, refuse to reveal. ShuangRi invested relevant personnel also said, given this year China export quota of rare earth has basically finished using the next year, also won't increase amount insufficient condition, therefore imports will continue.