China cuts rare earths mining permits by further 41%
Published: Friday, 14 September 2012
Industry consolidates further with higher export quotas and fewer mining permits
Chinas Ministry of Land and Resources has
reduced the number of licences available for
earthsmining by over 40% from 113 to 67, Bloomberg reported.
The Ministry announced the cuts in a statement yesterday,
stating that the 67 mining licences would be supplemented by 10