Ministry of Commerce issued the first batch of rare earth quotas next year

Recently, the Ministry of Commerce announced on its official website a list of rare earth export enterprises in 2014 and issued the first batch of export quotas. Among them, issuing a total of 15,110 tons of rare earth quotas , involving Minmetals Group , Institute of Rare Earth and other 24 companies.

Experts, the light rare earth rare earth quotas still taking heavy rare earth classification and distribution, light rare earths is 13,314 tons , 1,796 tons of heavy rare earths , namely reducing 247 tons and 142 tons more than in 2013 the first batch of quotas . It is noteworthy that in the issuance of the quota , not all companies have the gains.

Since the rare earth export quota system , Baotou quota has been granted the forefront , where in 2013 the first batch of quota allocation , the company has received a total of 553 tons of rare earth severity .


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