China Spends US$949 Million on Rare Earth Stockpiles

Critical Metals

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.

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