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The Ministry of Land and Resource of China released a notice on 2011 mining total of the tungsten ore, antimony and rare earth, which confirmed the mining total of rare earth (REO)

Analysts believe the tax lift indicates that the government is tightening its control on rare earth resources, and the price for this scarce metal is likely to continue to rise.

Analysts believe the tax lift indicates that the government is tightening its control on rare earth resources, and the price for this scarce metal is likely to continue to rise. Data shows that the average price for rare earth is currently $44,361 per ton, alm...