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China earmarks special fund for rare earth regulation, advancement

Posted on 23 November 2012

China has earmarked a special fund from China’s Central Government Budget to streamline and improve the domestic rare earths industry.
The fund will be used to help rare earth companies upgrade their technology in order to operate in a more responsible manner environmentally. It will also be used to help provinces, autonomous regions, and local governments regulate and promote “the healthy and orderly development” of the rare earth sector………………………………………..Full Article: Source


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VRS - who has written 38189 posts on Opalesque Commodities Briefing.


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