China to cut rare mineral exports

CHINA has raised fresh international trade concerns after warning it plans further cuts on the export of rare earth minerals.

China to cut rare mineral exports

The move is sure to provoke strong reaction and experts warned of serious implications for green energy projects including the development of the electric car for popular use.

China is responsible for 95% of global rare earth production and about 60% of consumption currently originates from there, according to the US Geological Survey.

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