China said to establish world’s largest rare earth group amid strong demand, rising prices
China said to establish world’s largest rare earth group amid strong demand, rising prices

China said to establish world’s largest rare earth group amid strong demand, rising prices

 

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China has approved the plan to establish of a world's largest rare earth company, according to several state-run news outlets including Securities Times.

The new company, to be named China Rare Earth Group, will be set up as early as this month in Jiangxi province, a major rare earth production hub, and it will merge rare earth-related assets of several state-owned companies including China Minmetals Corporation, Aluminium Corporation of China . . .

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