Resumen de Leading Chinese rare earths producers sign cooperation deal
[...]Changting Jinlong will guarantee to satisfy all the magnetic material needs for subsidiary companies of China Northern and their purchasing demands for middle and heavy rare earths, such as dysprosium metal, terbium metal, gadolinium metal, holmium metal and other special rare-earth metals.The agreement allows for the volumes of these supplies to increase gradually depending on capacity expansion. The agreement for cooperation between China Northern, the biggest light rare earth producer in the north of the country, and Xiamen Tungsten, the leading middle and heavy rare earth producer, also includes research and development into hydrogen storage material, rare earth metal production, and other projects.It will also help to stabilize market prices and strengthen consolidation in China’s rare earth sector.
