WSJ News Exclusive | China Set to Create New State-Owned Rare-Earths Giant

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China has approved the creation of one of the world’s largest rare-earths companies to aim to maintain its dominance in the global supply chain of the strategic metals

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as tensions deepen with the U.S., according to people familiar with the matter.

The new firm will be called China Rare Earth Group and will be based in resource-rich Jiangxi province in southern China as soon as this month, the people said. The new entity would be created by merging rare-earths assets from some state firms, including China Minmetals Corp. , Aluminum Corp. of China Ltd. and Ganzhou Rare Earth Group Co.

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Oh, good a government monopoly on mission-critical resources. That’s all we needed. (Sarcasm, obviously.)

Good. It is good news for world supply chains maintaining stable price. If it is controlled by US and its allies, see copper and iron ore price crazy rising.

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I wish America were making strategic moves like this. Instead we are developing national gender policies and fairness-killing “equity” programs.

Because this is related to China's national security.

You can do the same thing.

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nice

And the US is looking for another war

BarstoolChief Part 3 coming or what

By the end of this decade, the Chinese economy will be 50% bigger than the US economy. Nothing Americans do can prevent this. The only way America can preserve its dignity is to become an actual democracy by investing in the American people. Treat women like dogs and get flushed.

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Synthesize! Over human history carnage has resulted from the drive to control natural resources. Today it’s rare earth minerals, in the past precious metals, water, etc. These rare resources must be synthesized, or replaced by plentiful resources, available to all.

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If you invest in China, you are divesting in America.

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