News Snapshot:
China wants to take its quota for rare-earth metal production to a record high this year by 20 percent. In recent years, countries such as the United States have been concerned about the threat of communist regimes taking advantage of their dominance in these essentials. According to Reuters, citing a recent notification from China’s Ministry of Industry and Information Technology and Natural Resources, the country plans to produce 168,000 tonnes of rare earths in 2021, up from 140,000 tonnes last year. According to the notification, the quota for smelting and separating operations, or processing rare earth elements into a form...
