China announces new rare earth export quotas
I was reading about some of this stuff already happening immediately after the 3-11-11 Tsunami. Now, they are adding insult to injury whilst numerous deals involving the development of tech and optics industry making their way to China were already in the works prior to said event.
China has been making strides towards bringing the crown jewels of the Japanese economy to their country: Autos and Optics.
I believe that in anticipation of this, the US reopened it's mine in Mountain Pass, CA.
the Chinese government has announced various policies, including suspending the issuance of new licenses for rare earth prospecting and mining, imposing production caps and export quotas and announcing tougher environmental standards.
The measures, however, have sparked complaints from major rare earth consumers such as the United States and Japan.
The measures, however, have sparked complaints from major rare earth consumers such as the United States and Japan.
China has been making strides towards bringing the crown jewels of the Japanese economy to their country: Autos and Optics.
I believe that in anticipation of this, the US reopened it's mine in Mountain Pass, CA.
Comment