Few people realise that ASX: GGG has the world's largest rare earth resource. When it comes into full production GGG will be in a very powerful position as they will be able to produce both the heavy and light rare earths at a remarkably low cost. So the info below is quite important to GGG's future.
China's Ministry of Industry and Information Technology (MIIT) held a key national rare earth conference on Wednesday (January 28th) in Beijing, setting out a series of specific rare earth policy priorities to accelerate the pace of mergers and reorganizations as well as mapping out a blueprint for better control the country's rare earth resources. The move aims to ensure that the country's rare earth output and exports under the control of six state-owned giants. - See more at:
http://investorintel.com/rare-earth-....E5ofrklq.dpuf