LYC 2.81% $6.23 lynas rare earths limited

"China, the world’s largest supplier of rare earth, may almost...

  1. 19 Posts.
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    "China, the world’s largest supplier of rare earth, may almost double exports this year, meeting quotas set by the government as lower prices continue to stimulate demand."

    and then:

    "For 2012, based on analyst calculations, the country’s full-year quota may hit approximately 31,130 metric tonnes"
    (about 1000mt more than 2011)

    So are they saying that only 50% of last years quota was sold, and this year they plan to possibly double it? but at the same time only refine the same ammount as last year...to stimulate demand?? or am I reading this wrong?

    Thanks J.
 
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