“Serious overcapacity” wounding Chinese rare earth industry
Published: Wednesday, 23 September 2015
Overcapacity is a long-standing problem in China’s rare earths market. The number of rare earth export companies has mushroomed following recent reforms, introducing another area of excess competition and supply.
Overcapacity in China’s rare
earth industry is a serious problem, the manager of a leading
company in the sector has warned.
Xinlin Zhou, the general manager of Aluminum Corp. of China
Ltd (Chinalco), told delegates that the Argus Rare Earths 2015
conference in Shanghai, last week that the capacity-use ratio