minor metals prices

This was from Resource Investor:
Chinese expect minor metals prices to fetch prices matching soaring oil and base metals prices
Posted by zeno451 on 12 January 2007 @ 07:21 PM
China tightens control over minor metal exports BEIJING: A new licensing system for China’s minor metals exporters is a first step towards tighter control of an industry that many Chinese believe is frittering away the country’s scarce resources, traders said on Friday. Exports of some minor metals, including antimony and tungsten, are already limited under a quota system. For others, like indium used to make flat screen televisions, requiring licences for the first time could mean quotas will eventually be imposed. “The central government is paying more attention to this matter, and certainly we will see it more and more regulated,” said Sun Lihui, who heads the mines and metals department of the China Chamber of Commerce of Metals, Minerals and Chemicals Importers and Exporters. Sun argued in an editorial last year that minor metals, one of the few resources in surplus in China, were exported cheaply even as international prices soared for the resources China needs, like oil and base metals. .-the news international