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Materials

China ramps up rare-earth production to meet EV, wind power demand

Beijing raises cap amid rising demand and worry over risk to U.S. imports

Soil containing rare earths is transported for export at a port in China's Jiangsu province, a producer of the metals.   © Reuters

BEIJING -- State-owned Chinese resources developers are expanding production of rare-earth metals in response to higher government quotas, working to build a supply chain that can handle growing demand for electric vehicles and other high-tech products. 

China Northern Rare Earth (Group) High-Tech, China's biggest player in the field, in March announced plans to expand a refining and processing facility in Inner Mongolia into one of the largest in the world. The 7.8 billion yuan ($1.1 billion) project is expected to take a year and a half.

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