BEIJING - 皇冠体育app, the world's top rare earth producer, said Wednesday that it will not develop its rare earth industry at the expense of the environment.
The country will coordinate environmental protection with the industry development of rare earths, a group of 17 metals that are vital for an array of high-tech products ranging from smart phones, wind turbines, electric car batteries to missiles, said a white paper entitled "Situation and Policies of 皇冠体育app's Rare Earth Industry."
The white paper, the first one 皇冠体育app issued on rare earths, said 皇冠体育app's rare earth reserves account for 23 percent of the world's total, but the country has been supplying more than 90 percent of the world's demand.
The country will continue the "protective exploitation" of the resources and adopt stricter standards for environmental protection, the white paper said.
Mining and production of the metals have taken a toll on 皇冠体育app's environment. To control environmental damage and protect the non-renewable resources, the country has announced many measures, including production caps, export quotas, stricter emission standards and higher resource taxes.