China's Ministry of Industry and Information has issued new conditions for rare earth industries to raise the barriers for companies to enter the rare earth enterprises.
This is quite a comprehensive overall policy which will result the elimination of 20% production capacity of rare earth from China. For further details, please refer to:
http://www.chinamining.com.cn/news/listnews.asp?classId=169&siteId=355820
Its in Chinese, but you can translate it by Google or Bing.
Good Luck.
china to eliminate 20% rare earth production
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