The Ministry of Industry and Information Technology issued Second Batch Total Production Control Quota of Rare Earth for 2017
The Ministry of Industry and Information Technology (MIIT) issued the Second Batch Total Production Control Quota of Rare Earth for 2017, the total mine product production was 52,500 tonnes, which was the same to that of last year, of which the mine production in the North was 29,750 tonnes, the mine production in the south was 22,750 tonnes; the smelting and separation product production was 49,925 tonnes, with a y-o-y decrease of 9.23%. In 2016, six big rare earth groups represented 99.9% of the mine production quota and 99.5% of the smelting and separation production quota, while this year they had 100% of the quotas, meanwhile, the smelting quota of the six big rare earth groups had a y-o-y decrease of 8.80%.
Date: July 14, 2017
Original Source: ruidow.com