China defends its cut of export quotas on rare earth minerals, saying that they were in line...

|By:, SA News Editor
China defends its cut of export quotas on rare earth minerals, saying that they were in line with WTO rules. China has refused U.S. requests to end export restraints on rare earths that have alarmed trade partners, and Washington could take its complaints to the WTO. Shares of rare earth firms continue to thrive: MCP +4.3%, REE +6.1%.