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China Rare Earths 2013 Quota Set at 46,900 MT

China's first production quota of rare earths for 2013 has been set at 46,900 metric tonnes, according to the country's Ministry of Land and Resources.

In a statement posted on its Web site on Jan 5, the ministry said that of the total figure, China, the world's strong hub of the precious elements, will release 37,950 metric tonnes of light rare earths and 8,950 metric tonnes of heavy rare earths.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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