Customs to carry out large-scale action to combat smuggling of rare earth

It is understood that, according to the State Council decided in July to December, the Customs Department in conjunction with the Ministry of Public Security, the Ministry of Industry, Ministry of Environmental Protection and other 10 departments in the country to carry out a large-scale struggle against smuggling and joint action. This is our decade biggest smuggling operations. Will be drug trafficking, arms and ammunition smuggling, smuggling of endangered wildlife and its products, rare earth and other resource exports smuggling and defrauding export tax rebates and other illegal and criminal activities of ten special combat.

According to the General Administration of Customs reported in the fight against smuggling of resource products, from Hohhot Customs Investigating a pseudo reported exports of rare earths smuggling and other ways of smuggling cases, involving verification of 130 tons of rare earth, worth 12,090,000 yuan.

Recently, organized by the Ministry of rare earth crackdown is also actively promoting, in the rare earth industry chain hitting and stimulating way to combat smuggling, it is expected rare earth prices will continue to rise. Asian Metal Analysts said the recent volume of rare earth although deserted, but vendors are still optimistic and expects rare earth prices will rise further.


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