Nikkei: China boosts domestic rare earths quota by nearly 30%
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FEBRUARY 22, 2021
China has increased its production quota for rare-earth metals by close to 30% for the first half of this year, according to a report by the Nikkei. China’s Ministry of Industry and Information Technology and Ministry of Natural Resources jointly announced that the production quota for the first half of this year will be 84,000 tons, a major jump from the 66,000 tons last year and the highest target to date for the first half.