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China Considers Unification of Rare Earth Sector

Investing News Network
May. 15, 2012 01:17PM PST
Rare Earth Investing

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

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.

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