China Scraps Rare Earth Export Controls After Losing WTO Appeal
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China has scrapped its 15-year-old export controls on rare earths after the World Trade Organization determined that the nation’s quota system violated trade rules.
Rare earths were dropped from a list of products subject to export quotas, effective from this year, according to a Ministry of Commerce statement dated Dec. 31. Exporters now need only provide sales contracts to win export licenses. The move follows the WTO’s rejection in August of China’s appeal against an earlier ruling.