subject: Neodymium Raised Export Tax Rate To 25% [print this page] Control policies in China to further strengthen the earth. Ministry of Finance recently released "The State Council Customs Tariff Commission of 2011, Tariff Implementation Plan" (hereinafter referred to as the "Notice") to raise export tariffs on some rare earth products,neodymium metal, including metal neodymium export tariff rate from 15% to 25%. Ministry of Commerce spokesman Yao said yesterday that the 2011 export quota of rare earth values are still being worked concrete, will be announced. Experts predict,Neodymium metal powder, considering the domestic and international factors, rare earth export quotas next year will be slightly reduced.
At home and abroad focused on the case of export quotas next year, tariffs have become rare earth resources over-exploitation of limitations, an important means of protecting the environment. "Notice" clearly, metal neodymium export tariffs from 15% to 25%. Among the many rare earth products, called Neodymium heavyweight, the metal can be used in the manufacture of NdFeB permanent magnet material, widely used in electronics, machinery and other industries.
It is noteworthy that, although the increased export tariffs neodymium metal,neodymium powder, but most of the export tariff rates of rare earth products have not increased. "Notice" show, Dy, Tb and other rare earth products will continue next year, the export tariff rates of 25%. Li Xuerong that some choose to increase the export tariff rates of rare earth products, both domestic rare earth gradual development of the industry norm,Neodymium metal powder price, but also to stabilize the market supply.
Source: http://www.mhcrem.com
by: ddew
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