Category Archives: Metals

China Boosts Rare Earths Exports

China’s ministry of commerce raised its rare earth minerals export quotas for 2012 to nearly 31,000 tons yesterday, up from just over the previous limit of just over 30,000 tons. The increase comes despite efforts by the government to stop production of the minerals by a number of small producers whose operations are said to damage the environment.

http://www.dailyfinance.com/2012/08/23/china-boosts-rare-earths-exports-mcp-avl-ree-remx/

Nickel Spot Price Improves Nearly 2% on Daily Index

The nickel spot price saw a 1.9 percent increase on Aug. 22, 2012, reaching $15,605 per metric ton on the LME and making it the biggest mover for the day. Also on the LME, the 3-month price of nickel increased 1.7 percent to $15,650 per metric ton.

http://agmetalminer.com/2012/08/23/nickel-spot-price-improves-nearly-2-on-daily-index/

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