China’s latest rare earth quota increase to sustain low prices

China has raised its mined rare earth quota for the second half of 2023 in a move that should sustain high supply and low prices for praseodymium-neodymium (PrND). “China keeps increasing their quotas to ensure it remains the primary global supplier,” said Benchmark rare earths analyst Neha Mukherjee. China is to produce 70% of global […]