Department of Commerce that China does not abort on us exports of rare earth

International Energy Web News: MOFCOM charge 20, told reporters that China does not abort on us exports of rare earth, 2011 in rare earth export quotas in the study.

According to the United States to the New York Times 19 reports that the Chinese Government on the date following the 18 on Japan, to take measures to stop the export of the United States and Europe for hybrid vehicles and high-tech product of rare earth. Prior to this, some intended for export to the United States and Europe are rare in customs.

Re baotou national high-tech industrial development zone Administrative Committee Director Assistant on four Tigers to NetEase finance confirmed that China exports to the US, Japan and Europe are still rare.

The New York Times invoked United States officials as saying that since the United States launched on China clean energy industry survey of 301, China rare earth export to take countermeasures. According to another report, United States, Japan trade officials are considering that China rare earth export policy to the WTO.

Press spokesman for the Department of Commerce has Yao Jian, recently declared that China rare Earth exploration, production, processing and export link management measures, in line with international norms and rules of the WTO, China does not export as a blockade of rare earth.

Prior to this there are media reports, the Department of Commerce will further reduce the 2011-re export quotas, reduction of not more than 30%.

Xinhua, 20, to clarify, the above error message. The Chinese Government will yield under rare earth, domestic and international requirements and the needs of sustainable development, comprehensive study, to develop a reasonable amount of export quotas in 2011.

Open data show that China rare earth reserves to 36 million tons, accounting for 36% of world reserves. Yield reached 12 million tons, accounting for 97% of world production. According to the existing production speed, China, heavy class can only rare reserve 15 to 20 years.

Ann four Tigers said that this year China rare earth export quota of 3 000 tonnes, a reduction of about 30%, this is an internal restructuring needs. Rare is the country's strategic resources, although export quota reduction, but rare enterprises can rely on the domestic processing industry development, do not have to rely on exports.