China Spends US$949 Million on Rare Earth Stockpiles

Rare Earth Investing

Mineweb reported that China has allocated roughly US$949 million for its rare earth stockpiling program.

Mineweb reported that China has allocated roughly US$949 million for its rare earth stockpiling program.

Shi Yaoqiang, an official with China’s Ministry Industry and Information commented:

China has adopted various ways of collecting rare earths, such as building strategic reserves and purchasing rare earths for national storage.

Click here to read the full Mineweb report.

The Conversation (0)
×