China to lift tariffs and quotas on rare earths exports
Published: Thursday, 05 June 2014
The plan to remove quotas and tariffs on rare earths exports suggests China’s intention to comply with the WTO’s ruling in March, despite Beijing’s recent appeal against it, and would be welcomed by many producers and customers within the rare earths market.
China is preparing to lift tariffs and quotas on rare earths
exports, while quotas on other products, such as molybdenum and
tungsten, could also be removed at a later stage.
A source tied to the Chinese government told Reuters news
service that the change in policy could happen very