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“40% of Chinese Rare Earth Elements supply is illegal,” Benchmark Mineral Intelligence analyst says
China, the world’s most prolific producer of rare-earth elements (REE), has revealed that 40% of its supply is from illegally mined sources in the country, market-focused research house Benchmark Mineral Intelligence analyst Simon Moores reported on Tuesday. Industrial Minerals Company of Australia REE market expert Dudley Kingsnorth revealed the figure at a high-level conference held in Milan by the European Rare Earths Competency Network.
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