China rare earth reserve approved
Published: Friday, 12 February 2010
Baotou Rare Earth receives approval and funding from Inner Mongolia for stockpile
Baotou Rare Earth, Chinas largest rare earths producer, has received approval from the autonomous government of Inner Mongolia to build a reserve of the strategic mineral group.
According to Chinese state media, the regional and Baotou governments are providing subsidies of about RMB20m. ($3m.), with the...