China issues 23,000 tonnes of rare earth export license

Chinese government issued around 23,000 tonnes of export license for rare earth as the first batch for 2008.

The total volume for the year could reduce to 36,000 tonnes in 2008 from 40,000 tonnes in 2007 when the country reduced the volume by 10% in recent years.

The country reduces the export by around 3% for tungsten and antimony and by 10% for tin.

– Japan Metal Bulletin