China announces to remove/reduce export tax rebate on key metals: W/Sb/Si/Sn/RE

BEIJING (Asian Metal) 30 Apr 05 - According to the No. 75 document released on April 29th by Chinese Ministry of Finance and State Administration of taxation, China will remove or reduce some products' export tax rebate rates, effective from May 1st.Asian Metal Copyright The products are as follows: coal and its products; tungsten and its products; tin and its products; zinc and its products.Asian Metal Copyright

Rebate rates on the following products will be lowered to 8%. The products are as follows: coal and its products; tungsten and its products; tin and its products; zinc and its products.Asian Metal Copyright The products are as follows: coal and its products; tungsten and its products; tin and its products; zinc and its products.Asian Metal Copyright

Rebate rates on the following products will be abolished. The products are as follows: rare earth metals, rare earth oxides, rare earth salts, silicon metal, Mo ore and concentrate; light/dead burnt magnesium, fluorite, talcum, silicon carbide.