Situation and policies of China's rare earth industry

Rare earths are an important, non-renewable natural resource with increasingly wider applications in economic and social development. China is among the countries with relatively rich rare earth reserves. China has become the world's largest producer, consumer and exporter of rare earth products. While bringing benefits to mankind, the exploitation of rare earth has brought about increasingly significant problems regarding this resource and the environment. In the exploitation and utilization of rare earth, the rational utilization and effective protection of the environment pose common challenges for the world at large. In recent years,

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