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China issues third batch of rare earth quotas for 2023, covering mining, smelting, and separation, raising concerns about rare earths being the next target. The new quotas total 255,000 tonnes for mining and 243,850 tonnes for smelting and separation, up from the previous year. China has also become a major importer of rare earths, with imports in November surging 125% on the year to 14,315 tonnes.

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