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Chinese Rare-Earth Giants Join Forces – Nikkei Asia

State-owned China Northern Rare Earth (Group) High-Tech has agreed to form a strategic partnership with Hong Kong-listed private-sector counterpart China Rare Earth Holdings


Rare earth
Workers transport soil containing rare earth elements for export at the port in Lianyungang, Jiangsu province, in October 2010. Photo: Reuters.

 

Two major Chinese rare-earth companies will work together to bolster a supply chain for industrially vital metals that can be used to put economic pressure on the US and other nations, Nikkei Asia reported.

China Northern Rare Earth (Group) High-Tech, a state-owned enterprise, has agreed to form a strategic partnership with Hong Kong-listed private-sector counterpart China Rare Earth Holdings.

Read the full report: Nikkei Asia
 


 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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