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[Ferro-Alloys.com] Customs Tariff Commission of State Council of China unveiled tariff implementation measures for 2015 in the evening on December 16 and export tariff on rare earth maintains in 2015.

Experts thought WTO Dispute Settlement Panel unveiled a verdict at the start of this year, believing related measures were of discriminatory. China thus would cancel disputed export tariff on rare earth materials and related output quota.

China contributes to over 90% of total global rare earth output, owning a monopoly in about 17 elements widely used in hi-tech industries including defense and renewable resources.

• [Editor:Yueleilei]