The change follows the WTO’s decision last April to rule against China’s restriction.
The quotas sparked a global trade dispute and resulted for a while in a global shortage in the metals but also led some countries to reduce their reliance on Chinese supplies. As a result of the export quotas, other countries developed new sources for rare earths, including in South Korea and Canada.
However, the country is still responsible for more than 90% of global rare earth production.
