China Rare Earth Group formed by merging three state-owned entities

China Rare Earth Group Co. Ltd was formally established on December 23, 2021, as a merger of rare earth units from Aluminum Corporation of China (CHALCO), China Minmetals Corporation, and Ganzhou Rare Earth Group, plus two research institutes. The new SOE will control about 62% of China's heavy rare earths supply.

“The merger of three state entities to establish the China Rare Earth Group Co. Ltd is the largest move of its kind in the world.”china-briefing.com

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• china-briefing.comChina Merges Three Rare Earths State-Owned Entities to ...China BriefingJan 12, 2022

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