Chinese Rare Earth Industry Association was established in Beijing. Su Bo, vice minister of the Ministry of Industry, said at the inaugural meeting of this year will focus on combating the illegal exploitation, production, black market, export smuggling and other illegal activities. Of rare earth resources to implement more stringent protective mining policy, stop accepting new exploration and mining of application for registration, stop approval of new smelting separation project, prohibit separation of existing mines and smelting enterprises to expand production scale.

USA and Japan is very important, especially for rare raw materials are taken to protect the domestic is to keep mining.In this case do the strategic reserve, and hope China's exports, the price makes you satisfied. China's rare earth is very rich, from 1990 in 2005 Chinese Rare Earth exports increased nearly tenfold, the average price was down to 6 percent of the original.

U.S. rare earth miner company said that if China continues to enforce stringent restrictions on exports of domestic policy while suppressing the illegal exploitation, by 2015 China may become a net importer of rare earths.

U.S. and EU restrictions on Chinese exports of rare earths appeal WTO, the news is encouraging.Because 50% of the world's rare earth resources in China, said that not only did the pricing of rare earth resources, but also because domestic companies competing to export at cost, making China's rare earth resources in strategic dominance continued loss. Now, the state finally know to export restrictions to protect the country's strategic resources. Hopefully, China's export restrictions can be successful, in order to break the existing civil war lay outside expert law with Chinese characteristics.