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China Rare Earths Exports Quota for 2013 Unchanged Over 2012

Exports of rare earths by the world's stronghold of the precious gem, China, will remain relatively unchanged for 2013.

The China Daily reported middle this week that Chinese rare earths exports will remain at 30,996 tonnes for the current year despite actual exports registered to have been low this year.

In the nine months to October 2012, according to data from the China Customs Statistics Information Center, the Asian country only exported a total of 9,967 metric tonnes of rare earths, which actually is just one-third of the 2012 quota.

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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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