China to maintain rare earth exports next year: minister

17:07, November 06, 2010      

Email | Print | Subscribe | Comments | Forum 

Chinese Commerce Minister Chen Deming said on Friday that China will maintain its exports of rare earths in 2011, denying reports that China would significantly reduce its export quotas.

At a signing ceremony of cooperation agreements with France, Chen said China has shut down or suspended the operation of some rare earth mines, which failed to meet environmental protection regulations.

However, the measure aimed at preventing environmental damages due to over-exploitation and reckless mining has been politicized by some Western media, he said.

China was in talks with consumer countries and countries with rare earth reserves to find a solution to the supplies of rare earths, Chen said in response to reports that China would reduce its export quotas by up to 30 percent in 2011.

With about one-third of all proven rare earth reserves, China's exports account for more than 90 percent of the world's total. But some countries with rich reserves still import the non-renewable resources from China, he noted.

"China hopes to find alternatives to rare earths in the future," said the minister.

Containing 17 elements, rare earths have been used in the production of flat-screen monitors, electric car batteries, wind turbines, missiles and aerospace alloys.

Last month, Chinese Premier Wen Jiabao stressed the sustainable development of rare earth mining at the sixth China-EU Business Summit in Brussels.

"It is necessary to exercise management and control over the rare earths industry, but there won't be any embargo. China is not using rare earths as a bargaining chip. We aim for the world's sustainable development," he said.

Source:Xinhua

(Editor:黄蓓蓓)

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Chinese Navy soldiers hold an evening party marking the upcoming 62nd National Day aboard Chinese Navy hospital ship "Peace Ark" in the Pacific on Sept. 28, 2011. The Chinese National Day falls on Oct. 1. (Xinhua/Zha Chunming)
  • Photo taken on Sept. 30, 2011 shows the crowd at the plaza of Beijing Railway Station in Beijing, capital of China. The railway transportation witnessed a travel peak with the approach of the seven-day National Day holidays on Friday. (Xinhua)
  • A man wearing high-heel shoes takes part in the 3rd annual Walk a Mile in Her Shoes, an event when men literally walk in women's shoes to raise awareness about ending violence against women, at Yonge-Dundas Square in Toronto, Canada, Sept. 29, 2011. (Xinhua/Zou Zheng)
  • Photo taken on Sept. 29, 2011 shows a cargo ship in danger on the sea near Zhuhai City, south China's Guangdong Province. Cargo ship Fangzhou 6 of Qingzhou of southwest China's Guangxi Zhuang Autonomous Region lost control after water stormed into its cabin due to Typhoon Nesat on the sea near Zhuhai Thursday, leaving 12 crew members in danger. Rescuers rushed to the ship and saved them by using a helicopter. (Xinhua)
  • Actress Gong Li poses for L'Officiel Magazine. (Xinhua Photo)
  • Demonstrators from the Occupy Wall Street campaign hold placards as they march in the financial district of New York September 29, 2011. After hundreds of protesters were denied access to some areas outside the New York Stock Exchange on September 17, demonstrators set up a rag-tag camp three blocks away. Zuccotti Park is a campground festooned with placards and anti-Wall Street slogans. The group is adding complaints of excessive police force against protesters and police treatment of ethnic minorities and Muslims to its grievances list, which includes bank bailouts, foreclosures and high unemployment. (Xinhua/Reuters Photo)
Hot Forum Discussion