Message-ID:

What the scientists have in their briefcases is terrifying. -- Nikita Khruschev

interests / soc.culture.china / China hikes rare-earth quota by nearly 20% amid rising demand

China hikes rare-earth quota by nearly 20% amid rising demand

<6ba79018-655b-494f-bcdb-a30a56bca339n@googlegroups.com>

https://www.novabbs.com/interests/article-flat.php?id=12280&group=soc.culture.china#12280

copy link Newsgroups: soc.culture.china

X-Received: by 2002:ac8:57c2:0:b0:3de:bafb:82c1 with SMTP id w2-20020ac857c2000000b003debafb82c1mr2415632qta.3.1679767086849;
Sat, 25 Mar 2023 10:58:06 -0700 (PDT)
X-Received: by 2002:a05:6808:5c1:b0:386:ad8b:a8a5 with SMTP id
d1-20020a05680805c100b00386ad8ba8a5mr1807421oij.0.1679767086536; Sat, 25 Mar
2023 10:58:06 -0700 (PDT)
Path: i2pn2.org!i2pn.org!usenet.blueworldhosting.com!diablo1.usenet.blueworldhosting.com!peer03.iad!feed-me.highwinds-media.com!news.highwinds-media.com!news-out.google.com!nntp.google.com!postnews.google.com!google-groups.googlegroups.com!not-for-mail
Newsgroups: soc.culture.china
Date: Sat, 25 Mar 2023 10:58:06 -0700 (PDT)
Injection-Info: google-groups.googlegroups.com; posting-host=107.15.133.242; posting-account=sQgtagoAAAB2Cf4qBTW8cwfp7bDiKK3s
NNTP-Posting-Host: 107.15.133.242
User-Agent: G2/1.0
MIME-Version: 1.0
Message-ID: <6ba79018-655b-494f-bcdb-a30a56bca339n@googlegroups.com>
Subject: China hikes rare-earth quota by nearly 20% amid rising demand
From: ltl...@hotmail.com (ltlee1)
Injection-Date: Sat, 25 Mar 2023 17:58:06 +0000
Content-Type: text/plain; charset="UTF-8"
Content-Transfer-Encoding: quoted-printable
X-Received-Bytes: 1908

by: ltlee1 - Sat, 25 Mar 2023 17:58 UTC

"China set a quota for the first batch of rare-earth mining in 2023 at 120,000 tons on Friday, up by about 20 percent compared with last year's level, with a quota for smelting and separation at 115,000 tons, also up from 97,200 tons in 2022.

"The roughly 20 percent jump was mainly due to China's surging demand for neodymium magnets, also known as NdFeB, along with the rapid development of the country's electric vehicle sector," Wu Chenhui, an independent industry analyst who follows the rare-earth industry, told the Global Times on Friday.

However, authorities delayed the announcement of the quota, in contrast with the January announcement last year, showing that the government is evaluating market demand following the recovery of the economy, experts said."

https://www.globaltimes.cn/page/202303/1287914.shtml

Subject	Author
China hikes rare-earth quota by nearly 20% amid rising demand	ltlee1