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    market news

    Local Chinese Governments Launch Campaign to Crack Down on Illegal Rare Earth Activity

    Investing News Network
    Aug. 08, 2013 07:35AM PST
    Rare Earth Investing

    China Daily reported that local Chinese governments have launched a three-month campaign to draw attention to their role in cracking down on illegal activity in the rare earth industry.

    China Daily reported that local Chinese governments have launched a three-month campaign to draw attention to their role in cracking down on illegal activity in the rare earth industry.

    As quoted in the market report:

    The campaign, which will last from August 15 to November 15, is intended to reduce illegal exploration, production and distribution of  rare earth metals and regulate rare earth recycling enterprises, the Ministry of Industry and Information Technology (MIIT) said in a statement on its website.

    To view the whole China Daily report, click here.

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