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Will Issuance of 2nd Batch of Rare Earth and Tungsten Ore Mining Quota Impact Market? SMM Reports
Aug 16,2017 10:45CST
industry news
Source:SMM
Recently, the Department of Land & Resources of Guangxi and Fujian issued the second batch of rare earth and tungsten ore mining quotas for this year.

SHANGHAI, Aug. 16 (SMM) – Recently, the Department of Land & Resources of Guangxi and Fujian issued the second batch of rare earth and tungsten ore mining quotas for this year.

Shandong Discovers Another Rare Earth Deposit 

The quotas meet market expectations, so there is little impact on market, SMM understands.  

Minmetals Rare Earth’s Net Profit Soars in H1 2017

Relevant departments will step up crackdowns on illegal mining activity. 

This year, relevant departments’ crackdowns on illegal mining activity are tough, especially strict inspections on scrap recycling firms. Some illegally mined rare earth is in the hands of scrap recycling firms.  

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 

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