US `Very Concerned' About China Rare-Earth Quotas I keep seeing different numbers for how much they'll cut exports. In any case, it's a lot.
US `Very Concerned' About China Rare-Earth Quotas -USTR Spokeswoman By Tom Barkley, Of DOW JONES NEWSWIRES 12-28-101344ET
WASHINGTON -(Dow Jones)- The U.S. sharply criticized China's decision Tuesday to cut its rare-earth export quotas, raising the stakes for potential retaliation over the sensitive trade issue.
"We are very concerned about China's export restraints on rare-earth materials," said a spokeswoman from the U.S. Trade Representative's office...
China to cut rare earth exports by 10 per cent in 2011 Beijing controls 97 per cent of global supply of high-tech metals Wednesday, December 29, 2010 1:12pm
China announced Wednesday that it will cut exports of rare earth minerals by 10 per cent in 2011. The country controls 97 per cent of the world supply of metals such as scandium and yttrium, which are essential for making LCD TVs, PC monitors, smart phones, wind turbines and hybrid cars. Two Australian mining companies that own the biggest supplies of rare earths outside China saw their shares rise 11 per cent each on the news... http://www2.macleans.ca/2010/12/29/china-to-cut-rare-earth-exports-10-per-cent-in-2011/
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