Rare Earths MMI®: China Gives Up on Export Quota, WTO Fight

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China has scrapped its quota system restricting exports of rare earth minerals after losing a World Trade Organization (WTO) case.

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Beijing imposed the restriction in 2009 while it tried to develop its own industry for the 17 minerals. Last year, a WTO panel ruled that China had failed to show the export quotas were justified. China is estimated to be responsible for 90% of RE production, despite only having a third of the world’s deposits.

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