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#China, the world’s largest #RareEarth producer and exporter, will complete a major restructuring move by mid-2016 to consolidate the industry, an official said Friday.

The work on forming rare earth blocs will be finished by the end of June to restructure the country’s rare-earth assets, said Xin Guobin, vice minister of industry and information technology, at a symposium.

Read more at: http://www.shanghaidaily.com/article/article_xinhua.aspx?id=318172