China will implement rare earth storage and storage operations

On January 25, a staff member of the China Non-Ferrous Metals Industry Association said in an interview with reporters that China will implement rare earth storage and storage in 2011, but the timetable has not yet been determined.

On the same day, Mr. Niu Jingkao, the deputy secretary-general of the Chinese Rare Earth Society, said in a telephone interview with reporters that the rare earth storage and storage has been mentioned, but the National Development and Reform Commission's State Reserve Bureau has not yet given new guidelines for the implementation of storage and storage.

He said that at present, the price of rare earths is indeed not high, and in terms of the strategic significance of rare earths, it is a relatively responsible approach to macroeconomic control.

He also revealed that the exact timetable for the establishment of the China Earth Society has been locked in May 2011. The association will be directly affiliated with the Ministry of Industry and Information Technology, but the personnel status of the association has so far not been determined.

In addition, he told reporters that "Rare Earth Industry Access Standards" was formally announced in June and July of this year.

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