2011, Provisional Export Of Rare Earth Mining Rate Of 15%

Policy on the export of rare earth is gradually clear

. 15 Ministry of Finance announced the provisional 2011 rate of rare earth ore exports of 15%, rare earth neodymium provisional export tax rate from 15% to 25%.

For the rare earth export quotas,Yttrium metal powder, the Ministry of Commerce spokesman Yao Jian, said at a news conference that next year China's export quota of rare earth is currently in discussions with the relevant departments.

Ministry of Commerce on the same day of rare earth export quota in 2011 declared the conditions consistent with the list of enterprises carried out online publicity. Of which four distribution companies, 18 domestic enterprises, including China Steel Group,Yttrium, China Minmetals Nonferrous Metals Co., Ltd., China Nonferrous Metals Import and Export of Jiangsu,Yttrium powder price, Guangdong Rising Nonferrous Metals Import & Export Co., Ltd., a research of new materials, rare earth Co., Ltd., Baotou Steel Rare Earth and so on.

The adjustment of China's rare earth policy led to heated debate. Yao reiterated that China's trade policy and rare earth is closely related to industrial policy, the basic starting point for sustainable development and environmental protection.

"The implementation of these policies by the international community's understanding and cooperation." Yao stressed that China has 30% share of global reserves to provide 90% of the market size and trade. "We hope in the next period of time,Yttrium metal supplier, through international cooperation to further the development of new reserves, to support related industries around the world. China's rare earth resources, international cooperation, will adopt a responsible attitude to protect the basic market supply."

Source: http://www.mhcrem.com

by: ddew

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