Aug
29
2010
China reducing rare earth export quota as environmental protection measure
China's decision to slash export quotas of rare earth elements was a necessary step to protect the country's environment, commerce minister Chen Deming said following criticism from Japanese officials.
"Mass extraction of rare earth will cause great damage to the environment and that's why China has tightened controls over rare earth production, exploration and trade," Chen was quoted by state news agency Xinhua as saying on Saturday.
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