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China sets its H1 2013 export quota for rare earth resources at 15.5K metric tons to be split...

China sets its H1 2013 export quota for rare earth resources at 15.5K metric tons to be split among 24 domestic producers. The quota is not always met due to weak global demand; China exported only ~13K metric tons of rare earth ores, metals and compounds in the first 11 months of this year, less than half the full-year 2012 quota.
Comments (4)
  • jimdice
    , contributor
    Comments (9) | Send Message
     
    The quota has been largely ineffective due to smuggling, which is the major reason why this news surfaced this morning:

     

    http://bit.ly/TuogXs
    28 Dec 2012, 10:30 AM Reply Like
  • asles
    , contributor
    Comments (112) | Send Message
     
    This quote is about as effective as our Congress.
    28 Dec 2012, 10:35 AM Reply Like
  • MustangMajor
    , contributor
    Comments (97) | Send Message
     
    The statement that this quota is not often met because of weak
    global demand is such a crock! But it will be repeated as gosple
    by some Wall Street 'expert analyst' watch and see. REE stocks
    are all severely suppressed right now because of nonsense like
    this, but that won't last much longer. Stockpiles are running low.
    28 Dec 2012, 07:41 PM Reply Like
  • lew69sd
    , contributor
    Comments (50) | Send Message
     
    I have also heard stockpiles and ree inventories are running low.
    28 Dec 2012, 11:50 PM Reply Like
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