China to stockpile large volumes of minerals under new plan
Published: Wednesday, 07 December 2016
Rare earths and graphite are to be warehoused in quantities at least 80% of the country’s domestic capacity as China looks to secure supply of materials where demand is on the rise.
China will build 103 national resource
bases to secure its supply of certain minerals under the new
China Mineral Resource Plan 2016-2020.
By 2020, quantities of graphite and rare earths stocked in
these bases must exceed 80% of China’s domestic
capacity in each mineral, in order to hold a steady "bottom