On 19.June, the Chinese Ministry of Soil Resources officially declared the rare earth production limit for 2014. According to this release, 2014 may be used entirely China up to 105.000 tons of rare earths are produced, of which max. 17.900 tons of ionic rare earth, 87.100 tons of stony rare earth ore, 89.000 tons of scheelite (71.000 tons of new production, 18.000 of recycling).
Overall, the allowed production volume for rare earth 2014 increased by 15 percent compared to year 2013. And for the first time, the restriction for the antimony mine salvage was lifted. This is the first easing for three years for the production of rare earths. From 2011 to 2013, the production limit was always 93.800 tonnes.
Despite the increase in restrictions, many Chinese rare earth companies still suffer from production overcapacity. For example, Gan Xian Hongjin Rare Earth Co. Ltd. from Jiangxi Province, money.163.com, China's business portal, complained that 2014 had a production quota of 1.670 tons for XNUMX, "that's just over half production capacity"Which is 3.500 tons. (Y Z)
Source: http://www.epochtimes.de/China-erhoeht-die-Produktion-von-seltenen-Erden-a1161163.html
