China approves merger plans of rare earth giants
Updated: 2015-05-14 20:14
(Xinhua)
|
|||||||||||
BEIJING -- China approved merger plans for six rare earth companies to optimize their industrial structure, the country's natural resources regulator said Thursday.
Merger plans of China Aluminum Corporation, Xiamen Tungsten Co., LTd., Inner Mongolia BaoTou Steel Union Co., Ltd., China Minmetals Corporation, Ganzhou Rare Earth Group Co., LTd., and Guangdong Rare Earth Industrial Group Co., LTd. have been approved by authorities, according to an announcement released by the Ministry of Land and Resources.
The country's mining control limit for rare earth exploitation this year is 105,000 tonnes while that of tungsten concentrate stands at 91,300 tonnes, according to the announcement.
Related Stories
Duties on rare earth exports to be ended 2015-04-24 07:44
China rare earth producers report sharp profit slumps 2015-04-04 08:44
China rare earth producers merge 2014-12-13 17:06
Rare-earth center to host forum on prairie ecology 2014-08-29 13:31
Today's Top News
Xi to give Modi a hometown welcome
Putin, Kerry pledge to get ties back on track
China set to delay maiden flight of C919 commercial jet
Ten panda poachers caught in Southwest China
Beijing concerned by Pentagon plan
Xi's trip highlights China's resolve to safeguard peace
China, Russia start search for remains of Soviet Union soldiers
Putin, Kerry discuss closer Russia-US cooperation on Ukraine crisis
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
|
|
|
|
|
|












