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  • China issues second batch of rare earth production quotas for 2024

    2024-08-21 11:59:39   [Print]
    China has granted the second batch of rare earth production quotas for 2024, including 135,000 tonnes for mining and 127,000 tonnes for smelting and separation, both on par with the first batch, according to a circular jointly issued by the Ministry of Industry and Information Technology (MIIT) and the Ministry of Natural Resources.

    The first two batches of quotas totaled 270,000 tonnes for mining and 254,000 tonnes for smelting and separation, up by 12.5% and 10.Asian Metal Copyright The first two batches of quotas totaled 270,000 tonnes for mining and 254,000 tonnes for smelting and separation, up by 12.Asian Metal Copyright4% respectively from the first two batches set for 2023.

    2024 second batch of production quotas for rare earths

    No.

    Rare Earth Company

    Ore Products

    (REO Equivalent, tonne)

    Smelting & Separation Products

    (REO Equivalent, tonne)

    Rock Type
    Rare Earth

    (LREEs)

    Ionic Clay
    Rare Earth

    (Mainly HREEs)

    1

    China Rare Earth Group Co., Ltd.

    31,920

    9,010

    45,009

    2

    China Northern Rare Earth (Group)
    High-Tech Co., Ltd.

    94,070

    81,991

    Subtotal

    125,990

    9,010

    127,000

    Total

    135,000

    127,000





    .Asian Metal Copyright 94,070 81,991 Subtotal 125,990 9,010 127,000 Total 135,000 127,000 Asian Metal Copyright
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