China to Create Rare Earth Monopoly in Inner Mongolia

Critical Metals

Reuters Africa reported that China is consolidating 35 rare earth miners into one firm.

Reuters Africa reported that China is consolidating 35 rare earth miners into one firm.

The market news is quoted as saying:

China’s efforts to streamline its chaotic rare earth sector have sparked concerns internationally about Beijing developing a chokehold over a vital group of metals used in industries like defence and renewable energy.

To read the full market news, click here.

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