China's new tax permits on rare earth miners (REMX +3.3%) there will enable the government to...

|By:, SA News Editor

China's new tax permits on rare earth miners (REMX +3.3%) there will enable the government to control supply "to a certain extent" by forcing producers to sell their finished products based on production and export quota allocations, Rahul Jalan writes. Previous efforts to control rare earths have sent prices outside China skyrocketing, but today's market reaction could foreshadow a different outcome.