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China’s rare-earth imports from Myanmar will decline

Published Apr 13, 2019
By Global Times

China is likely to trim imports of rare earths from Myanmar starting next month, which an analyst said will help relieve oversupply in China. The country will also tighten its exports in the future because of the increasingly high environmental costs.

China imported 26,000 tons of rare earths carbonate from Myanmar in 2018, accounting for 25 percent of total domestic demand, financial news site reported Wednesday, citing an industry study.

Among the imports, heavy rare earths from Myanmar accounted for about one-third of China's consumption in 2018, the report said.

Original Source:

China is likely to trim imports of rare earths mined in Myanmar. Photo: Nyein Chan Naing/EPA
Created at 2019-04-26 22:08:18