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China to raise rare earths tax and complete industry consolidation

  • Autores: Antonio Torrisi
  • Localización: Industrial Minerals, ISSN 0019-8544, Nº. 568, 2015 (Ejemplar dedicado a: Enero)
  • Idioma: inglés
  • Texto completo no disponible (Saber más ...)
  • Resumen
    • "Currently, six rare earth groups control 94% of China's total rare earth resources and 75% of the mines," Yinsong Jia, director of the MIIT's rare earth office, told China news television programme, CCTV.

      NFC's Southern Rare Earth (Xinfeng) Co. has announced the development of a rare earth separation facility in Guangdong with a production capacity of 7,000 tpa rare earth oxides.

      Rare earths and refractories manufacturer, China Rare Earth Holdings Ltd's 95%-owned subsidiary, Yixing Xinwei Leeshing Rare Earth Co. Ltd, is to divest its subsidiary Dongye Rare Earth Co. Ltd for a total value of Rmb 128m ($20.5m).


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