China’s potential REE exports capping to have no short-term effect
TORONTO (miningweekly.com) – Should the world’s largest rare earth elements (REE) producer China proceed to cap its exports within the next five years, it would probably not have a significant knock-on effect in the current global market, critical REE project developer Frontier Rare Earths CEO James Kenny told Mining Weekly Online on Friday.
He said the reason for this was the fact that China is currently expected to fall short of its proposed 100 000 t/y export cap, leaving the present largely balanced market unaffected.
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