China raises rare earth quotas in ‘goodwill trade signal’ to US

//China raises rare earth quotas in ‘goodwill trade signal’ to US

China raises rare earth quotas in ‘goodwill trade signal’ to US

China has raised this year’s production quotas for rare earths in an apparent goodwill message to the United States.The Ministry of Industry and Information Technology and the Ministry of Natural Resources announced on Friday that first-half output for the minerals could increase by more than a quarter to 84,000 tonnes, up from 66,000 tonnes at the same time last year.Prices for rare earths – which are used in technologies from smartphones to stealth fighters – rose amid reports in the last…

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By | 2021-02-20T14:00:15+00:00 February 20th, 2021|Headlines|Comments Off on China raises rare earth quotas in ‘goodwill trade signal’ to US