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Rare earth: a new Chinese giant

The Chinese authorities have led to the creation of a new state-owned rare-earth company combining the activities of Ganzhou Rare Earth Mineral Industry Company, and a number of smaller local companies including Longnan Wanbao Rare Earth. The red clay hills

China will subsidize its rare-earths producers

The Chinese government continues to restructure and modernize its rare-earths industry. In a move that Beijing describes as “promoting orderly development”, it will provide direct subsidies to revive struggling rare-earths producers – a tacit acknowledgment of the strategic importance of the industry.