China’s new rare earth merger hands it ‘trump card’ in global fight for resources

Source: China – South China Morning PostChina’s move to set up a global force in the strategic rare earth sector could help it pre-empt and respond to future external challenges, including trade tensions with the United States, analysts say.The China Rare Earth Group was formed after the merger of units from the Aluminium Corporation of China, China Minmetals, Ganzhou Rare Earth Group and two rare earth technology developers, the state assets watchdog said on Wednesday.Analysts believe the consolidation will help maintain the country…Read More

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