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China grants first rare earth, tungsten mining quotas for 2020
Updated: February 19, 2020 20:34 Xinhua

BEIJING — China has set the first batch of mining output quotas for rare earth and tungsten this year, according to a government notice released on Feb 19.

The first batch of quota for rare earths is set at 66,000 metric tons, about half the annual quota for 2019, said a circular jointly issued by the Ministry of Natural Resources and Ministry of Industry and Information Technology.

This marks an increase from the 60,000-ton quota for the first batch of 2019.

Of the total, 56,425 tons have been allocated for light rare earths, and 9,575 tons for medium and heavy rare earth metals.

The first batch of mining output quota for tungsten is set at 52,500 tons, up from 49,835 tons a year ago.

China is one of the world's major suppliers of rare earths, a group of 17 elements that are widely used in high-tech products ranging from flat-screen TVs to lasers and hybrid cars.

However, decades of excessive exploitation of the minerals have greatly damaged the environment. To curb environmental degradation and protect the resources, the country implemented a range of policies, including output caps, stricter emissions standards and a crackdown on illegal mining.

China will unveil the second batch of mining output quotas in the second quarter in accordance with government policies and market conditions, the circular said.

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