China to further regulate rare earth exploitation
The Ministry of Land and Resources Wednesday ordered local governments to report the current mining situation in rare earth and other mineral resources and draft plans for future exploitation, as a further step to regulate the rare earth industry, Beijing Business Today reported.
China Reduces Rare Earth Export Quota by 72% in Second Half, Lynas Says
China, the world's largest rare- earths producer, cut export quotas for the minerals needed to make hybrid cars and televisions by 72 percent for the second half, according to Lynas Corp.
China to impose resource tax nationwide
China will impose nationwide a tax on oil and gas drilling and other resource industries to raise money for development in poor western regions, an official said Thursday.
China to Implement Resource Tax in Western Regions, News Says
China will implement a resource tax in the western regions of the nation on coal, oil and natural gas, the China News Service reported late yesterday, citing Premier Wen Jiabao.
|