China rare earth reserve approved

By Mark Watts
Published: Friday, 12 February 2010

Baotou Rare Earth receives approval and funding from Inner Mongolia for stockpile

Baotou Rare Earth, China’s 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...

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