EconomyEXCLUSIVE: China Rare Earth Group in talks to buy Shenghe Resources stake, sources say
State-owned China Rare Earth Group is negotiating to acquire Shenghe Resources, according to two people familiar with the matter. The deal would strengthen Beijing’s control of the sector and give the group a stake in one of Washington’s rare-earth companies.
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EXCLUSIVE: China Rare Earth Group in talks to buy Shenghe Resources stake, sources say
Economy