RE: Interesting3 Jun 2019 11:32
MUST BE SQUEAKY BUM TIME FOR THE WEST!!!
Beijing sets a quota for rare earth production twice a year. In the first half of 2019, the cap was placed at 60,000 tons — up from 45,000 the preceding half. If it is to reduce exports of rare earths, it will lower this quota.
Quotas for the remainder of the year will be released in June and will be a key indicator of China’s intentions over the coming years.