China will remove exports taxes on rare earths, aluminium rods and bars on May 1
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[HONG KONG] China will remove taxes on exports of rare earths, ferroalloys, tungsten, molybdenum and indium from May 1, the Ministry of Finance said in a statement on Thursday.
The Ministry of Commerce had earlier flagged that taxes on rare earths would be scrapped from May.
China will also remove taxes on exports of non-alloyed and alloyed aluminium rods and bars from May 1, the statement said.
China is the world's top producer of most metals.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
