Subscribe free to our newsletters via your
. Space Industry and Business News .

China defends rare earths policy
by Staff Writers
Beijing (UPI) Jun 21, 2012

China issued its first white paper on the country's rare earth industry policies, saying it would introduce reforms.

However, the government gave no indication that export quotas on rare earths -- a collective name for 17 metals used in the electronics, defense and renewable energy industries -- would be lifted.

In March, the United States, Japan and the European Union filed a complaint with the World Trade Organization against China's export restrictions and tariffs on metals including rare earths.

The WTO complaint says that the export quotas and tariffs violate free trade rules by putting pressure on companies to open factories to China to have access to the country's supply of rare earths.

But the rationale of the Beijing's white paper released Wednesday follows the lines of what Chinese officials have long argued: that the country's policy on rare earths export restrictions is motivated by environmental concerns.

"Excessive rare earth mining has resulted in landslides, clogged rivers, environmental pollution emergencies and even major accidents and disasters, causing great damage to people's safety and health and the ecological environment," the white paper states.

Su Bo, vice minister of Industry and Information Technology, maintained that China is not using environmental protection as an excuse for raising prices.

"No government in any country would tolerate such severe pollution," he said, The Sydney Morning Herald reports.

Su said the government will invest about $600 million to clean up environmental after-effects associated with rare earths mining and it aims to close down polluting producers as well as limit the use of out-of-date technology involved in the extraction of the raw minerals.

While China has about one-third of global rare earth deposits, it produces about 95 percent of the world's supply of rare earths.

But in the white paper China says it has 23 percent of global rare earth deposits and that it has depleted the most accessible reserves.

China's grip on the minerals began more than 25 years ago when it flooded the market with cheap rare earths, forcing the closure of mines in other parts of the world.

Gao Yunhu, deputy chief of the Ministry of Industry and Information Technology's Rare Earth Office said Wednesday that while Beijing is willing to strengthen communication and negotiations with trade partners, it "will actively use WTO rules to protect the legitimate rights and interests of the country," The Wall Street Journal reports.


Related Links
Space Technology News - Applications and Research

Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks DiggDigg RedditReddit GoogleGoogle

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

China says rare earths practices meet WTO rules
Beijing (AFP) June 20, 2012
China said Wednesday its regulation of the rare earths industry was in line with global trade rules, as it faces international pressure over its control of the crucial elements. The United States, European Union (EU), Japan and Canada lodged a complaint with the World Trade Organization (WTO) in March, claiming Beijing was unfairly choking off exports of the commodities to benefit domestic i ... read more

Samsung launches new phone in US, taking on Apple

China defends rare earths policy

Apple fined $2.29 mln over Australian '4G' iPad

Space is Big, But Getting Smaller

Boeing FAB-T Demonstrates Communications with On-orbit AEHF Satellite

Lockheed Martin Completes Environmental Testing on Second US Navy Satellite

Raytheon receives contract to link Navy Multiband Terminal to USAF's Polar Satellite

Raytheon receives $79 million award for US Navy Multiband Terminal systems

A milestone in launcher preparations for Arianespace's fourth Ariane 5 flight of 2012

US military launches new satellite into space

NASA Administrator Bolden Views Historic SpaceX Dragon Capsule

NASA's NuSTAR Mission Lifts Off

Trial by vacuum brings next Galileo satellites closer to launch

Boeing Completes Fifth GPS IIF Satellite for USAF

GPS being used as weather forecast tool

Apple fends off Android challenge with maps, Siri

Boeing Named Associate Partner to SELEX Sistemi Integrati in Single European Sky ATM Research Development Phase

Jetstar Japan chief says no threat to JAL's revival

Embraer ups components output in Portugal

Norway orders first two F-35 fighters as part of $10bn deal

Renesas shareholders approve $630 mn in aid

Quantum bar magnets in a transparent salt

Researchers 'heal' plasma-damaged semiconductor with treatment of hydrogen radicals

Relocating LEDs from silicon to copper enhances efficiency

Satellites show less pollution from deforestation

Soil Moisture Climate Data Record observed from Space

Anniversary in space - five years of TerraSAR-X

Embedded Educators: Teacher Research Experience in Greenland with Operation IceBridge

New Software Forecasts Noise Levels in a Street

Red Cross sounds alarm about weapon contamination

UN environment summit opens, but prospects grim

Rights group slams 'lawless' Indian mining industry

The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement