Anonymous ID: e139f5 May 2, 2018, 9:17 p.m. No.1281590   🗄️.is 🔗kun

Hi Ho Hi Ho it's off to work we go.

What occupation did the 7 Dwarfs have?

" That was no one-off. Chinese authorities have been struggling since 2010 to smash an illegal supply chain in which rogue miners deliver ores to unauthorized separation facilities, with the finished products then disguised and shipped abroad.

 

"Traders go through all kinds of channels and make false product declarations at customs - marking it as alumina or even washing powder," said Chen Zhanheng, vice-secretary general of the Association of China Rare Earth Industry.

 

According to industry estimates, around 40,000 tonnes of rare earth oxides were smuggled out of China last year, more than the official export volume of 28,000 tonnes. It has hurt overseas producers like Australia's Lynas Corp and Molycorp, whose business plans were built on China's efforts to restrict domestic supply and crack down on illegal production. "

http://www.businessinsider.com/r-fate-of-global-rare-earth-miners-rests-on-china-smuggling-crackdown-2015-7