China subsidises “orderly development” of rare earths
Published: Friday, 23 November 2012
State funds will help support consolidation drive, officials say
The Chinese government is to provide direct
subsidies to struggling domestic
rare earths producers to protect the industry against
falling demand and prices, it emerged this week.
The move has been described by Beijing as promoting
orderly development, and is consistent with Chinas
rare earths policy for the last two...