China Doesn’t Ban Exports Of Rare Earth Metals

Despite early reports to the contrary, China will not ban exports of rare earth metals, the New York Times reports. Instead, China will just virtually ban them : A copy of the draft rules, viewed Thursday, said China would further reduce its combined annual export quotas for all rare-earth elements to 35,000 tons a year, from 53,000 tons last year and almost 66,000 tons as recently as 2005. The draft policy also clearly stated that exports of dysprosium and terbium were to be prohibited a