China to Start Stockpiling Rare Earths, Caijing Says
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China will start stockpiling rare earth minerals this year, Caijing magazine reported today, citing an unidentified official at the China Nonferrous Metals Industry Association.
The report didn’t say when the stockpiling would begin or give other details. The State Reserve Bureau under the National Development and Reform Commission has yet to provide rules for stockpiling, the report said, citing Niu Jingkao, deputy secretary general of the Chinese Society of Rare Earths.