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威尼斯人官方平台- MIIT issues rare-earth industry entry standards
Source: ChemChina Date: 2012-08-07
The Ministry of Industry and Information Technology of China issues regulations on the admittance into the rare -earth industry on August 6 to protect resources and the environment.

It is the first regulation in the nation to constrain the scales of rare-earth production covering the establishment, reconstruction and extension of any new mining project.

Regulations on red earths utilization were included. It is estimated that regulations would weed out 20 percent of current production capacity.

Jia Yinsong,director of MIITs rare-earth office, said the standard can protect rare-earth resources and environment, boost industrial restructuring, upgrade technology and regulate the market.

The State Council issued a document to improve sustainable development of rare-earth industry on May 19.
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