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China to tax sale and production of rare earth

Cecilia Jamasmie | June 04, 2012 | 4:15 pm Battery Metals Asia China Europe Rare Earth 

China is looking to allocate a value-added tax (VAT) permit to all rare earth companies in a desperate effort to curb resource plundering, dangerous artisanal mining and widespread pollution, as well as collecting revenue. By forcing rare earth producers out...

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