Just borrowed ' luckymjohnson ' post 6736276 from LYC, posted yesterday.
CHINA said today it would expand export quotas for rare earths to include iron alloys containing the elements, further tightening shipments of the minerals used in a variety of high-tech industries.
From tomorrow, iron alloys containing more than 10 per cent of rare earths by weight will fall under the export quota system, the commerce ministry said in a statement.
The ministry said the move would "more effectively protect the exhaustible materials and the environment".
China has previously imposed export quotas for pure rare earths only - 17 elements critical to manufacturing everything from iPods to low-emission cars, wind turbines and missiles.
Read more: http://www.news.com.au/breaking-news/china-slaps-export-quota-on-rare-earth-all/story-e6frfku0-1226059229614
china & rare earth
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