You need to understand what you posted . first 2024 quota raised = 12.% year on year , but not as high as first quota 2023 = 19%
China raises first 2024 rare earths mining quota by 12.5% y/yBEIJING : China has set its first rare earths mining quota for 2024 at 135,000 metric tons, the country's Ministry of Industry and Information Technology said on Tuesday, 12.5 per cent higher than a year earlier.
However, the rise is smaller than the 19 per cent year-on-year increase seen in the first quota released in 2023.
https://www.channelnewsasia.com/business/china-raises-first-2024-rare-earths-mining-quota-125-y-y-4103756
You need to understand what you posted . first 2024 quota raised...
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