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State-owned enterprise seen changing rare earth market

China has formalized the creation of a new State-owned rare earth enterprise. The new entity is the result of a merger of some major assets of several key State-owned producers and research organizations.

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Strategic Restructuring of Rare Earth Assets by Chinalco, China Minmetals, Ganzhou Municipal Government Approved_SMM

Minmetals Rare Earths released an announcement stating that on 22 December 2021, Minmetals Rare Earths Company Limited was notified by China Minmetals Group Company Limited that, the State-owned Assets Supervision and Administration Commission of the State Council had approved the strategic restructuring of relevant rare earth assets among Aluminum Corporation of China Limited, China Minmetals, Ganzhou Municipal People's Government

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Strategic Restructuring of Rare Earth Assets by Chinalco, China Minmetals, Ganzhou Municipal Government Approved_SMM

Minmetals Rare Earths released an announcement stating that on 22 December 2021, Minmetals Rare Earths Company Limited was notified by China Minmetals Group Company Limited that, the State-owned Assets Supervision and Administration Commission of the State Council had approved the strategic restructuring of relevant rare earth assets among Aluminum Corporation of China Limited, China Minmetals, Ganzhou Municipal People's Government

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China to launch state-owned rare earth company, following merger

China’s Sasac has announced the establishment of China Rare Earth Group Co, a new national rare earths company, after a merger.

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