Chinese rare earth exports plunge in 2014

Posted on February 10, 2015 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

China exported 1457 tonnes of rare earths in January, down 49 percent from a year earlier reports the Beijing Times.

The report, citing a source at the General Administration of Customs, notes that the total value of rare earth exports in the month totalled 124 million yuan, down 49.5 per cent from a year earlier.

According to previously released data from Hohhot customs in Inner Mongolia, China exported a total of 28,000 tonnes of rare earth in 2014, an increase of 27.3 per cent.