Resumen de China rare earths: : WTO final ruling and new policies
"I think the government had foreseen the possibility of the WTO's ruling. It's a predictable result. It's a good chance for us to protect the rare earths resources," Zhang Anwen, deputy secretary of the Chinese Rare Earths Association (CREA), said at the sixth Baotou Rare Earths Industry Forum in August.
Earlier in August, Inner Mongolia Baotou Steel Rare Earths Hi-Tech Co. signed a strategic cooperation agreement with high-tech company Sinopec Catalyst Co. and the Baotou Rare Earths High-Tech Industrial Development Zone to develop rare earths-based catalysts in oil refining, de-nitration and cracking processes.
Beijing approved several of these rare earths groups in late July, including the North China Baotou Steel Rare Earths Group, led by the world's largest producer, Inner Mongolia Baotou Steel Rare Earths Hi-Tech Co.
