As previously rumored, Beijing slashes to 67 from 113 the number of rare earth mining permits it...

|By:, SA News Editor

As previously rumored, Beijing slashes to 67 from 113 the number of rare earth mining permits it allows, though it's unclear how this will affect actual production. The move comes amidst growing tensions with Japan and speculation China will choke off supplies to Japan, whose electronics industry is a major buyer of the metals.