Subscribe free to our newsletters via your
. GPS News .




TECH SPACE
China grants more quotas for rare earth exports
by Staff Writers
Shanghai (AFP) May 17, 2012


China, which is locked in a dispute with major trading partners over its control of rare earth minerals, on Thursday announced additional export quotas for this year.

The Ministry of Commerce said it would allow companies to potentially export an additional 10,680 tonnes of rare earths, bringing the total for this year to 21,226 tonnes.

The United States, European Union and Japan lodged a complaint with the World Trade Organization in March, saying China was choking off exports of rare earths to unfairly benefit domestic industries.

China, a producer of more than 95 percent of the world's rare earths, which are used in high-tech equipment from iPods to missiles, has set output caps and export quotas on the coveted resource.

Beijing has defended its practices, saying they aim to protect resources and the environment in an effort to promote sustainable development.

The ministry said the additional quotas were given to 12 companies that had recently passed environmental checks, according to a statement. They included a subsidiary of aluminium maker Chalco.

The ministry in December last year granted its first batch of 2012 export quotas totalling 10,546 tonnes for 11 companies.

The government has previously said its total export quotas for the sought-after commodities would remain roughly the same this year as in 2011.

China granted two batches of rare earth export quotas totaling more than 30,000 tonnes last year.

The quotas give companies the opportunity to export, but they are not necessarily used, due to factors such as weak market conditions.

.


Related Links
Space Technology News - Applications and Research






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








TECH SPACE
KIT Researchers Succeed in Realizing a New Material Class
Karlsruhe, Germany (SPX) May 10, 2012
A research team lead by Professor Martin Wegener at the Karlsruhe Institute of Technology (KIT) has succeeded in realizing a new material class through the manufacturing of a stable crystalline metafluid, a pentamode metamaterial. Using new nanostructuring methods, these materials can now be realized for the first time with any conceivable mechanical properties. The Rubicon was crossed, so ... read more


TECH SPACE
Barley takes a leaf out of reindeer's book in the land of the midnight sun

Cambodian girl killed in land row: official

Wasted milk is a real drain on our resources

Tiny plants could cut costs, shrink environmental footprint

TECH SPACE
Researchers map path to quantum electronic devices

Fast, low-power, all-optical switch

SK Hynix pulls out of bid for Japan's Elpida

Electric charge disorder: A key to biological order?

TECH SPACE
Superjet crash blamed on clouds - official

Russia to buy 90 brand-new Su-35S fighters

Russian Air Force roundtable: status quo, revamps, perspectives

Citing safety, Pentagon chief limits flights of F-22 jets

TECH SPACE
Nissan posts record sales, $4.28 bn net profit

Electric-powered van to make trans-Africa trip

Toyota full-year profits dive, pledges recovery

China sees red as Ferrari damages ancient wall

TECH SPACE
Global demand for gold dips 5%: industry report

Myanmar and South Korea set for business

Croatia, China laud deepening ties

Uruguay export link at risk from Argentina

TECH SPACE
Brazil's threatened Awa tribe outnumbered, group says

Model Forecasts Long-Term Impacts of Forest Land-Use Decisions

Time, place and how wood is used are factors in carbon emissions from deforestation

Model Forecasts Long-Term Impacts of Forest Land-Use Decisions

TECH SPACE
Moscow court upholds ban against satellite image distributor

New Carbon-Counting Instrument Leaves the Nest

China launches new remote-sensing satellite

ESA declares end of mission for Envisat

TECH SPACE
New technique uses electrons to map nanoparticle atomic structures

Light touch keeps a grip on delicate nanoparticles

Next-Generation Nanoelectronics: A Decade of Progress, Coming Advances

Nanotech gets boost from nanowire decorations




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement