Tag Archive | "quota"

Will China’s Need to ‘Go Green,’ Affect the Rare Earth Market?

Monday, July 26, 2010

China’s pollution problems are well documented, and the government has started to show a desire to act on them. The Chinese control 97 percent of the rare earth supply, which is needed for numerous sustainable energy technologies. China could be in the driver’s seat of a new green economy selling not only rare earths, but finished sustainable energy technology.

China to Initiate Changes to Rare Earth Market

Monday, July 12, 2010

Prices may be on the move for rare earth elements as China restricts export quotas by 72 percent. Controlling 95 percent of the world market, the drastic reduction to exports will choke the supply of the materials for world consumption. Also, the Chinese are considering making a transparent, negotiation based pricing system.

Asides