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China's rare earth exports up 61% in Jan-May

(China Knowledge)
Updated: 2014-06-23 11:10
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    The export volume of rare earth ore, metals and mixtures in China, the world's biggest rare earth supplier, surged 60.9% year on year to 12,544 metric tons in the first five months of this year, according to the figures from China Customs Statistics Information Centre.
   
    The export value of rare earth ore, metals and mixtures edged up 0.4% year on year to US$177.03 million in the five-month period.
   
    In the month of May 2014, the export volume of rare earths in China was 2,391 metric tons with export value of US$39.05 million.
   
    China earlier released its rare earth export quota for 2014 at 15,110 metric tons, lower than 15,449 metric tons it released in the same period of last year. The quota comprised 13,314 metric tons for light rare earths and 1,796 metric tons for medium and heavy rare earths, China Knowledge reported earlier.
 

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