China raised the first batch production quota over rare-earths and tungsten in 2021

摘要

Ministry of Natural Resources(MNR)and the Ministry of Industry and Information Technology(MIIT)of China recently released a notice on the first batch total production quota over rare-earths and tungsten in 2021.The total quota of rare earths(rare earth oxide REO,the same below)has 84000 t,a significant increase from the 66000 t in 2020.The total quota of tungsten concentrates(65%tungsten trioxide content,the same below)has 63000 t,up from 52500 t in 2020.The rise in quotas is in response to stronger demand from major downstream sectors following a significant recovery in the country’s economy from the impact of Covid-19.