China also set the quota for smelting and separation of rare earth at 97,200 tonnes, China’s Ministry of Industry and Information Technology (MIIT) and the Ministry of Natural Resources said in a joint statement.
This is also up 20% from a year earlier.
The mining quotas will be shared among the country’s four main producers.
China is the world’s dominant producer of rare earths, a group of 17 minerals used in electric vehicles (EVs), consumer electronics and military equipment.
