4 Articles
1 / 1
8

China's number one rare earth firm announced on Tuesday that it would suspend all operations immediately, according to Nikkei. The Inner Mongolia Baotou Steel Rare-Earth Hi-Tech shutdown is reportedly a direct action aimed at countering falling rare earth prices

25

China's commerce ministry, along with other government agencies, is reportedly considering full-year export quotas on rare earth metals. While the ministry pledges to set quotas in accordance with World Trade Organization rules, abiding by those guidelines still provides China with significant leeway. In the second half of last year, for example, China slashed its export quotas by 72 percent. Since China supplies in excess of 90 percent of world's rare earth metals, this move triggered an immedi

20

2010 Toyota Prius - Click above for high-res image gallery

1 / 1