New two-tiered rare earths export quota lifts allowances by 3%

摘要

LONDON - China's move to dis?tinguish between light and heavy rare earths in its 2012 export quotas is more significant than the volume increase, with further environmental controls also signaling its commit?ment to managing the strategic raw materials supply. China has made a number of changes to the quota system for this year, hik?ing overall allowances by 3 percent.