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Integration of the Chinese rare-earth mining companies to proceed
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China Rare Earth [4.19 -1.64%] Association Secretary-General Lin Dong Lu said that the integration of China rare earth mining companies are already under way. China will strive to enhance the rare earth products of high added value, export of rare earth products in the future will be dominated by Less raw material exports. At present, China's rare earth reserves account for 30% of the world, but the trade accounted for 90% of world trade.
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