China subsidises “orderly development” of rare earths

By Laura Syrett
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 China’s rare earths policy for the last two...

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