SHANGHAI, Jun. 13 (SMM) – Chinalco Guangxi Nonferrous Rare Earth Co., signed a letter of intent on the development of rare earth deep-processing with Liyang Solvay Rare Earth New Materials Co., cnal.com reported today. 

Chinalco Guangxi Nonferrous Rare Earth Co. is, a joint-venture, invested by Aluminum Corporation of China, Grirem Advanced Materials Co. and Guangxi Non-ferrous Metals Group. Liyang Solvay Rare Earth New Materials Co., mainly engaged in rare earth electronics and catalyst, belongs to Solvay, an international chemical group, it added.