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US rare earths mine goes to China

'Strategically important' mine ends up in the hands of dominant producer

Mining Journal
Mountain Pass has a nameplate capacity of 19,050 tonnes per annum of rare earth oxides

Mountain Pass has a nameplate capacity of 19,050 tonnes per annum of rare earth oxides

MP Mine Operations LLC – a consortium including rare earths miner Shenghe Resources and investment firms JHL Capital Group and QVT Financial – agreed to pay US$20.5 million for the asset, according to...

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