Xinhua. Eastern Ganzhou city has ordered three rare earth mines to halt production by year-end, according to local mining authorities.
The city issued a notice telling three of its eight major rare earth producing counties to halt production by the end of this year, said Li Guoqing, director of the city’s mining management bureau, on Monday. The three counties are mining areas that are allowed to be exploited, Li said.
...It is unknown when production will resume, as they have to wait for directives from the provincial government, Li said. The notice also told the counties to set production quotas to rare earth mines to prevent over-exploitation.
Ganzhou, Jiangxi Province, produces nearly 40% of China’s ionic rare earths, while China produces more than 90% of the world’s rare earth metals. China’s rare earth reserves only account for about one third of the world’s total, Xinhua notes, adding that to control environmental damage and protect resources, China has announced various policies, such as suspending the issuance of new licenses for rare earth prospecting and mining, imposing production caps and export quotas, and implementing tougher environmental standards.