David Merriman’s Post

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Research Director at Project Blue

China's MIIT reports the H2 2024 #Rare #Earth mining and refining quotas ⛏ 🏭. 🗝 Key points 🗝: 🔃 China Northern Rare Earths (CNRE) hard rock (#LREE) #mining quota falls 4% compared to H2 2023, though annual 2024 mining quota is up 5.6%. 🔼China Rare Earth Group (GREG) see a 10% increase in LREE and #Ionic #Clay (#HREE) mining quota compared to H2 2023, with annual quota remaining unchanged Y-o-Y. 🔃The H2 2024 #refined quota for CNRE is down by 8.7% compared to H2 2023, though annual quota is increased by 4.1% to 170kt REO for 2024. 🔼CREGs annual 2024 refining and smelting quota is increased to 84kt REO, up 4.2% compared to 2023. #ProjectBlue #RareEarths #CriticalMinerals ✨Find out more at www.projectblue.com/

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Lee Constable. MEng, RSci, MIMMM, MIET, AMIChemE

Experienced International Business Executive | 30yrs Materials Processing | 7yrs Critical Minerals REE | Global Strategy & Vision | Strategic Development & Growth | Commercial Lead | Magnets | Metals | Mining | Recycling

2mo

Thanks for sharing 👍🏻

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