Nikkei: China boosts domestic rare earths quota by nearly 30%
Green Car Congress
FEBRUARY 22, 2021
Although it is the world’s dominant producer of rare earths, China still imports the minerals from abroad—primarily from Myanmar, Malaysia and Vietnam. The quota for certain rare earths such as dysprosium, used to make magnets for EV motors, were raised by 20%. It announces a quota twice a year.
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