China vows protection of rare earth metalsJuly 25th, 2012 - 8:29 pm ICT by IANS
Beijing, July 25 (IANS) China Wednesday vowed to protect its rare earth products and said it will work with other countries to solve the policy disputes over the resources.
The government will address the issues within the framework of the World Trade Organization (WTO), the China Daily quoted an official as saying.
China will ensure environmental protection while making use of the resources, Zhu Hongren, chief engineer with the industry ministry, said.
The official was speaking at a press conference after WTO Monday set up a panel to consider China’s exports of tungsten and molybdenum following complaints by the US, the European Union (EU) and Japan over China’s export restrictions of these materials.
Rare earth metals are vital for manufacturing an array of high-tech products, including cell phones, wind turbines, electric car batteries and missiles.
China supplies over 90 percent of the world’s demand for rare earth metals.
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- China launches rare earth trading platform - Aug 08, 2012
- Rare earths will not be used as a bargaining instrument, says China - Oct 29, 2010
- China to set up rare earths trade body - Dec 30, 2010
- China issues white paper on rare earth - Jun 20, 2012
- Appeal to boost rare earths imports - Aug 22, 2012
- Mynamar's rare earth: China's monopoly - May 28, 2012
- India, Japan share concerns on China (Lead) - Oct 25, 2010
- China eyes global rare earth pricing index - Aug 09, 2012
- China discovers world's second largest molybdenum deposit - Jul 22, 2011
- Economic restructuring most pressing task: Wen (Lead) - Mar 05, 2012
- Scientists discover method to recover rare earth materials - Dec 16, 2009
- Geologists discover 10.6 billion dollar worth rare earth deposit in eastern China - Mar 31, 2011
- China won't significantly cut rare earth exports next year - Nov 03, 2010
- Europe's largest emerald mine reopens in Urals - Dec 03, 2011
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