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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

Excavators at the Port of Lianyungang in China's Jiangsu Province load rare earths for export.   © AP

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.

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