CHINA-NDRC ORGANISES MEET TO PROMOTE HIGH QUALITY DEVELOPMENT OF RARE EARTHS INDUSTRY

China's National Development and Reform Commission (NDRC) held a forum on 4 June, for experts of the rare earth industry to promote the “high-quality development of the industry.” The experts pointed out that rare earths are a non-renewable scarce resource, and recommended that supervision and regulation be strengthened, including cracking down on illegal activities, strengthening export controls, establishing a review mechanism for the entire exporting process of rare earths, and promoting research and technological development in the industry. On 5 June, the NDRC held a symposium of rare earths industry representatives where industry representatives pointed out many outstanding problems as the experts, as well as an increased risk of proliferation of mining and smelting and separation technologies. They suggested cracking down on illegal practices to protect precious resources, improving intellectual property rights to prevent technology outflow, and promoting the development of green technology and high-end applications for the rare earths industry.







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