News Snapshot:
China has established what experts are calling an "aircraft carrier" in China's rare-earth industry by merging rare-earth assets from several state-owned enterprises, as the country moves to bolster its presence in the global strategic metals supply chain, coming at a time when China is looking to protect its resources after years of unregulated exploitation and heightened China-US trade tensions. A rare-earth mining operation in Baotou, North China’s Inner Mongolia Autonomous Region. (Photo: cnsphoto) The forming of rare-earth company may drive up rare-earth prices as well as enhance the concentration of the domestic rare-earth industry, experts and industry insiders told the...
