China Considers Unification of Rare Earth Sector

IBTimes reported that China is looking at amalgamating its rare earth sector into one giant manufacturer.

As quoted in the market news:

Chen Yanhai, chief secretary of the Resource Department from China’s Ministry of Industry and Information Technology, said the government has come out with a plan to restructure the industrial capability of its rare earths sector in order to better improve its manufacturing efficiency.

Click here to read the full IBTimes report.