China’s Ministry of Commerce announced August 22 new export quotas for the second half of the year, showing a slight increase of 2.7 percent for the year compared to last year. The most recent quotas allow 8,537 MT of light rare earths and 1,233 MT of medium and heavy rare earth materials to be exported in the second half of the year by 24 companies, for a second half total of 9,770 MT, and a yearly quota of 30,996 MT. Chinese rare earth industry and business experts are calling for the review and potential abolishment of the nation’s export quota system because they believe that they undermine their businesses and fuel corruption, especially smuggling of resources out of the country.