Rare earths companies battle for control in southern China

By Albert Li
Published: Thursday, 28 May 2015

Local government-backed companies are trying to fend off other consolidated entities given support by the central Chinese government. With many heavy rare earths-rich resources in the south of China, the stakes are higher than in the north, where consolidation has passed comparatively more easily.

Rare earths resource development in Sichuan province, southern China is being subjected to strong competition between companies backed by different levels of government.

Aluminum Corporation of China Ltd (Chinalco) and China Minmetals Corp., backed by the central Chinese government, are now engaging in a "seesaw" clash of interests with the China Southern...

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