BEIJING -- In a move seen as a defensive measure against possible future U.S.-led trade bans, China has increased its production quota for rare-earth metals by close to 30% for the first half of this year.
Commodities
China boosts rare-earth output amid growing tech war with US
New quota is 30% higher than last year as demand for EVs and robotics soars
Trucks haul ore at a Jiangxi Copper mine in Dexing, China. © Reuters
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