China's rare earths case brought to the WTO

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Source: BBC
The EU, Japan and the US have filed a legal claim against China's limitation on exports of rare metals. The case was brought to the WTO. China sets quotas on the rare earths that are used in producing high-tech goods. Export restriction pushes the prices higher as China mines about 95% of rare earths metals. China opposes accusations, saying that quotas are used to protect environment from excessive mining.


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