Thu, 14 Jul 2011
China's latest rare earth move disappoints EU, US
Reuters reports that China has increased their export quota of rare earth elements used in the manufacture of energy efficient fluorescent lighting products, but the EU and US are not satisfied that this latest move will bring any noticeable change.
China slashed rare earth export quotas by 35 percent for the first half of 2011, choking off global supplies and causing prices to soar.
