LYC 1.65% $6.15 lynas rare earths limited

demand

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    In a sign of unusually weak demand, the Commerce Ministry said actual Chinese exports of rare earths in 2011 totaled 14,750 tons for the first 11 months of 2011 – the equivalent of just 49 percent of the total annual quota.


    Found this story on the internet concerning rare earths.

    In 2011 China only sold only half of its rare earth quota. I thoughted that demand was increasing at 7% per year and their was a huge shortfall of it?

 
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