Metals News
China Tin Says Teams Up With Chinalco, Grirem for Rare Earths
smm insight
10:10AM
Mar 29,2011
Source:SMM

Mar. 29 -- China Tin Group Co., the country’s second-largest maker, signed an agreement with Aluminum Corp. of China and Grirem Advanced Materials Co. to develop rare-earth resources in Guangxi, according to a statement.

The company will set up a joint venture with Chinalco, as Aluminum Corp. of China is also known, and Grirem Advanced Materials, a rare-earth mining company, according to the statement posted on its website today, without giving details.

China is the world’s biggest exporter of rare earths, which are 17 chemically similar elements.

 

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