Making no mention of altering export quotas, China caps rare earth production at 93.8M tons in...

|By:, SA News Editor

Making no mention of altering export quotas, China caps rare earth production at 93.8M tons in 2011, a 5% increase over 2010. Additionally, no new licenses for mines will be granted before June 2012. Premarket: MCP -2.1%, SHZ -1.6%, AVL -1.3%.