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China does
not intend to curb exports of rare earths, Premier Wen Jiabao said at a
forum with visiting German Chancellor Angela Merkel.
China
released a new round of rare earths export quotas this month, raising
its 2012 export quota to 30,996 tonnes, despite a crackdown on small
producers.
The World
Trade Organization has said it will look into complaints made by Europe,
Japan and the United States over China's limits on exports of rare
earths, a group of 17 elements used in advanced technologies for the
defence, electronics and renewable-energy industries.
Beijing
has said it will abide by the outcome of an ongoing WTO investigation,
but will continue to tighten regulation of the industry.
Source:
Reuters |
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