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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.

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Leading rare earth asset companies merge

Aluminum Corp of China or Chinalco,China Minmetals Corp, and the local government of Ganzhou in East China's Jiangxi province have transferred some of their rare earth assets to create a new company called "China Rare Earth Group Co Ltd".

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China cements rare earths dominance with new global giant

The new entity, China Rare-Earths Group, will speed the development of mines in the south

China minmetals rare earth coEarths groupAdministration commissionChina minmetals corpGanzhou rare earth groupGanzhou rare earth group coAluminum corpChina ltdChina minmetals rare earthChina rare earths groupState owned assets supervisionChina minmetalsMinmetals rare earth

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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China merges key rare earth producers

The new mining giant will be formed of three government-owned companies, strengthening China’s control over the rare earth industry.

Ganzhou rare earth groupEarth groupAluminum corpEarths groupChinese communist partyChinese governmentChina minmetalsGanzhou rare earthChina rare earths groupChina minmetals rare earthDaan de jongeChina northern rare earth group

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