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Consolidation to create rare-earth 'giants'

By Wu Jiao and Wei Tian | China Daily | Updated: 2012-03-12 08:10

Consolidation to create rare-earth 'giants'

Minister of Industry and Information Technology Miao Wei (center) surrounded by journalists at the Great Hall of the People in Beijing on Sunday during the fourth plenary meeting of the Fifth Session of the 11th National People's Congress. Jiang Dong / China Daily

China will establish two or three large rare-earth enterprises by consolidating companies in the sector, said a top industry official on Sunday.

Consolidation to create rare-earth 'giants'

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