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China set to splurge on rare earths

Posted on 27 September 2013

China, the world’s stronghold of rare earths, is set to go on a splurging spree in October for the precious elements. Six of China’s large rare earths producers have been reported likely to purchase large amounts of the minerals next month.
These companies include Baotou Steel Rare Earth Hi-Tech Co; China Minmetal Rare Earth Co Ltd; China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd; Chinalco Rare Earth Jiangsu Co Ltd; Rising Nonferrous Metals Co Ltd and Ganzhou Rare Earth Mineral Industry Co Ltd………………………………………..Full Article: Source


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