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China to Streamline Rare Earth Industry Within Five Years

Gov.cn reports that Chinese Premier Wen Jiabao stated that China will strive to streamline its rare earth industry within five years, at a recent executive meeting of the State Council. China plans to establish and improve the supervision framework of…

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laws and rules on the industry, impose stricter mining policies to protect the environment and resources and protection standards for the environment, and make reasonable plans for mining and exports.