China issues 105,000 tons of rare earth quota
Source: www.chinamining.org Citation: China Knowledge Date: May 18, 2015
China, the world`s largest rare-earth producer, has released the rare earth exploitation quota for 2015 at 105,000 tons, according to a statement released by the Ministry of Land and Resources.
The ministry said in a statement that the quota comprised 87,100 tons for light rare earths and 17,900 tons for medium and heavy rare earths.
Six rare-earth companies comprising China Minmetals Corporation, Aluminum Corporation of China, Baogang Group, etc. were in the list of allocation of the rare earth quota.
From Jan to Apr this year, China exported 8,044 tons of rare earth, down 20.8% from a year earlier, with the export value of RMB 590 million, down 30.3% than the previous year.
About CHINA MINING
Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.
CHINA MINING Congress and Expo 2015 will be held at Meijiang Convention and Exhibition Center in Tianjin on November 20th-23rd, 2015. We invite you to join the event and to celebrate the 17th anniversary of CHINA MINING with us. For more information about CHINA MINING 2015, please visit: m.balanzskin.com.
