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China to raise tax on rare earths by over 10 times Next Month

Analysts believe the tax lift indicates that the government is tightening its control on rare earth resources, and the price for this scarce metal is likely to continue to rise.

Monday, March 28, 2011

China to raise tax on rare earths by over 10 times Next Month

Analysts believe the tax lift indicates that the government is tightening its control on rare earth resources, and the price for this scarce metal is likely to continue to rise. Data shows that the average price for rare earth is currently $44,361 per ton, alm...
Monday, March 28, 2011