Natural Resources Newsletter - 9 January 2015

Charltons Natural-Resources-Newsletter China-scraps-decade-old-rare-earths-exports-quotas-2015.01.09-16-1

  

CHINA SCRAPS DECADE-OLD RARE EARTHS EXPORT QUOTAS

On 31 December 2014 the Chinese Ministry of Commerce announced details of its plan to replace the controversial quota system regulating the export of rare earths with a new resources tax. In August 2014, the World Trade Organisation (WTO) found the quota system to be inconsistent with China’s WTO obligations. 
 

Read more: Natural Resources Newsletter - 9 January 2015