Leading Chinese rare earths producers sign cooperation deal

By Albert Li
Published: Thursday, 14 December 2017

Two of the biggest rare-earth companies in China, China Northern Rare Earth High-tech and Xiamen Tungsten, have signed a strategic cooperation agreement.

A strategic cooperation agreement arose from a meeting between the two companies’ presidents in Xiamen in September. It was signed earlier this month in Baotou, Inner Mongolia.

Under the agreement, China Northern will guarantee to supply Changting Jinlong, a subsidiary of Xiamen Tungsten, with 30-50 tonnes per month of praseodymium/neodymium...

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