Jiangxi Tungsten cleanup fund charges

June 24, learned from the Jiangxi Provincial Department of Finance, and approved by the provincial government, since May 1, 2015 in the province unified rare earths, tungsten, molybdenum mineral resources compensation rates to zero, stop Collection of rare earth, tungsten, molybdenum price adjustment fund.

Provincial Department of Finance urged all localities and departments to fully clear specification of the region, the department issued relates to rare earths, tungsten, molybdenum fees fund the project, a contravention of administrative fees and government funds approval regulations, the introduction of ultra vires Pay Fund project to be canceled. After clean-up involving rare earths, tungsten, molybdenum fund related charges, the relevant departments to perform their normal duties requirements, shall be guaranteed by the corresponding financial arrangements for funding by the general public budget.


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