Asia Pacific

China to combine three state companies for rare-earths giant | Source: China Economic Review

China has announced plans to restructure three rare-earths producers into a state-owned company controlling an almost 70% share of the domestic production quota for the commodities that are essential to making high-tech products. By restructuring the country’s major rare-earth companies, the government seeks to extend control from production to the entire supply chain, including exports. The move comes as the US looks to create an alternate supply chain for rare earths, joining forces with Australia.

Source: China Economic Review


Asia Pacific


Get new content delivered directly to your inbox.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s