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Eligible firms for rare earths in bid to curb smuggling
By Richard Fu |
September 14, 2012, Friday
|
Print Edition
Print Edition
CHINA has for the first time published a list of companies that are authorized to explore and produce rare earths as it attempts to crack down on smuggling of these metallic elements.
Ganzhou Rare Earth Mineral Industry Co, based in Jiangxi Province, has the mining rights in 43 out of 67 rare earth projects, according to the list by the Ministry of Land and Resources yesterday.
Baogang Group, based in Inner Mongolia Autonomous Region, owns the mining rights on two projects.
Ten companies and institutes have the exploration rights to 10 separate projects, the ministry said.
China has been regulating its rare earth industry after years of rampant exploration and mining caused damage to the environment.
The government has also cracked down on smuggling of rare earths, a group of metallic elements vital in industries such as defense, renewable energy and electronics.
Ganzhou Rare Earth Mineral Industry Co, based in Jiangxi Province, has the mining rights in 43 out of 67 rare earth projects, according to the list by the Ministry of Land and Resources yesterday.
Baogang Group, based in Inner Mongolia Autonomous Region, owns the mining rights on two projects.
Ten companies and institutes have the exploration rights to 10 separate projects, the ministry said.
China has been regulating its rare earth industry after years of rampant exploration and mining caused damage to the environment.
The government has also cracked down on smuggling of rare earths, a group of metallic elements vital in industries such as defense, renewable energy and electronics.
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