ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Commodities

China boosts rare-earth quota 20% to shield supply chain from U.S.

Increase raises output to record 168,000 tons for crucial high-tech materials

BEIJING -- China will raise this year's quota on the production of rare-earth metals by 20%, the government said Thursday, as it moves to secure a supply chain that is immune from U.S. sanctions.

The country will now produce 168,000 tons of rare earths, according to a notice from the Ministry of Industry and Information Technology and the Ministry of Natural Resources. Officials announced in February an 84,000-ton quota for the first half, and the scale will be repeated for the second half.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more