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China cements rare earths dominance with merger to create new global giant

The country controls most of the world’s mined output of rare earths, a broad group of 17 elements that are used in everything from smartphones to fighter jets.

China cements rare earths dominance with new global giant

China cements rare-earths dominance with new global giant

NEW YORK: China has approved a merger of key rare-earths companies, creating a behemoth that will strengthen its control over the global sector it has dominated for decades.

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