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China has issued the second batch of export quotas for silver and some
minor metals.
Chinese ministry of commerce has set the quota for molybdenum export was
set at 3,130 tonnes in the second half.
The government has also set the quota for indium and indium products at
a combined total of 93 tonnes as compared with 140 tonnes issued in the
first batch.
China is the world's largest producer of indium and accounts for almost
three quarters of world reserves and about half of production, a small
but vital component for flat-panel screens in television and computer
monitors.
The ministry has not issued a second batch of export quota for rare
earths.
China
Raises 2011 Minor Metals Production Quota
Source: Reuters |
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