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China Begins Stockpiling Rare Earths, Draws WTO Attention

Posted by timothy on from the stockpiling-is-the-pejorative-for-conserving dept.

eldavojohn writes "A report by China Securities Journal claims that China is now stockpiling rare earths although it has not indicated when this stockpiling started. Many WTO members have complained about China's tightening restrictions on exports of rare earths while China maintains that such restrictions are an attempt to clean up its environmental problems. A WTO special conference scheduled for July 10th will hopefully decide if China's restrictions are unfair trade practices or if the US, the EU and Japan are merely upset that they can't export their pollution and receive rare earths at low prices. Last year, China granted its mining companies the right to export 30,200 tons but in actuality only 18,600 tons were shipped out of country."

3 of 227 comments (clear)

  1. China begins stockpiling First Posts by Anonymous Coward · · Score: 0, Offtopic

    Our Chinese weapons are superior!

  2. What the hell by Anonymous Coward · · Score: 0, Offtopic

    When the hell did China find other Earths and why the hell haven't we found A Earth yet?

    1. Re:What the hell by GameboyRMH · · Score: 0, Offtopic

      America's poor science education in public schools. It's holding you back man.

      --
      "When information is power, privacy is freedom" - Jah-Wren Ryel