BEIJING -- In a move seen as a defensive measure against possible future U.S.-led trade bans, China has increased its production quota for rare-earth metals by close to 30% for the first half of this year.
While being the world's dominant producer of rare earths, China does import the minerals from abroad, primarily from Myanmar, Malaysia and Vietnam. Imports accounted for 47,000 tons, or about a quarter, of China's rare-earth market last year.