China grants first rare earth production quotas for 2024

China has set the first batch of rare earth production quotas for 2024, including 135,000 tonnes for mining and 127,000 tonnes for smelting and separation, according to a circular jointly issued by the Ministry of Industry and Information Technology (MIIT) and the Ministry of Natural Resources.

2024 first batch of production quotas for rare earths

No.	Rare Earth Company	Ore Products (REO Equivalent, tonne)		Smelting & Separation Products (REO Equivalent, tonne)
		Rock Type Rare Earth (LREEs)	Ionic Clay Rare Earth (Mainly HREEs)
1	China Rare Earth Group Co., Ltd.	30,280	10,140	38,990
2	China Northern Rare Earth (Group) High-Tech Co., Ltd.	94,580		88,010
Subtotal		124,860	10,140	127,000
Total		135,000		127,000

Base Metals

Minor Metals

Ferroalloys

Rare Earths

Carbon Steel

Stainless & Special

Steel Raw Materials

Refractories