China cancels graphite, magnesia, magnesite export taxes

By Albert Li
Published: Friday, 23 December 2016

China has scrapped export taxes on graphite, magnesia and magnesite.

The State Council of China has approved an export tax adjustment on partial products, including the cancellation of export taxes on graphite, magnesia and magnesite, effective 1 January 2017.

Natural graphite exports were subject to a 20%.

The move seemingly goes against China's recent steps to protect the mineral as...

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