Rare Earth Investing News: China's Rare Earth QuotChina's Rare Earth Export Quota Further Restricts Supply Chain
July 18, 2011
The Chinese government has released the second half of the 2011 export quota for rare earth elements. Much to the surprise of many industry insiders, the quota was increased to 15,738 tonnes, which is double the amount for the same period last year. However, the quota only represents an increase of 8.9 percent from the first half of 2011. This brings the total export volume for 2011 to 30,246 tonnes, a slight decrease from 30,258 tonnes in 2010. Despite headlines indicating ‘China increases export quota,’ investors should note that tight supply chains are expected to continue throughout the year.
In an interview with Rare Earth Investing News, Gareth Hatch, Founding Principal of Technology Metals Research, and Ryan Fletcher, Director of Corporate Development for Zimtu Capital Corp. (CVE:ZC), discussed the recent quota data and its effect on the rare earth supply chain.
The picture of the supply chain.......
https://rareearthinvestingnews.com/4313/china%E2%80%99s-rare-earth-export-quota-further-restricts-supply-chain/