China’s industry watchdog seeks public comment on penalty guidelines for rare earth sector regulation
China's industry watchdog has released draft guidelines for penalties in the rare earth sector, seeking public comment until May 28, 2026. The guidelines specify penalties for six categories of violations, including breaches of quota control rules and unauthorized smelting activities.
China's industry watchdog is seeking public comment on draft penalty guidelines for the rare earth sector. The guidelines aim to standardize law enforcement and strengthen governance in the industry. They specify penalties for six categories of violations, including breaches of total quota control rules and unauthorized smelting activities. Penalties may include confiscation of illegal gains and fines, with business licenses revoked in serious cases. Public feedback can be submitted until May 28, 2026. The regulations on rare earth administration in China took effect in October 2024, promoting high-quality development and resource safety.
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