New China Rare-Earths Group will become world's second- largest rare earths producer

摘要

In an effort to strengthen its rare earth element production, the China Rare-Earths Group has formed from the rare earth segments of government owned China Minmetals Corp, Aluminium Corp of China, and Ganzhou Rare Earth Group Co. Chinese state broadcaster CCTV reported that this conglomerate is intended to allow for the better allocation of resources, greener development and hastening mine development in southern China.