Chinese bidder snaps up only commercial rare earths mine in US
Published: Friday, 07 July 2017
A Chinese consortium including rare earth producer Shenghe Resources puts in the winning bid at Mountain Pass auction, but the deal will now face regulatory scrutiny.
Chinese-led consortium MP Mine Operations (MPMO) put in the
winning bid for the only commercial rare earths mine in the US,
but the deal will now have to face scrutiny from regulators, as
political opposition to the overseas ownership of rare earth
Mountain Pass, a rare earth mine...