Chinese to grab a piece of Aussie rare earth

A CHINESE mineral development company could take a stake of up to 25% in rare earth hopeful Arafura Resources after the parties signed a major equity investment deal.

Chinese to grab a piece of Aussie rare earth Chinese to grab a piece of Aussie rare earth Chinese to grab a piece of Aussie rare earth Chinese to grab a piece of Aussie rare earth Chinese to grab a piece of Aussie rare earth

Nanjing-based East China Exploration (ECE) inked a letter of intent with Arafura that will see the Chinese group subscribe for up to $A8.5 million in the Australian resource play.

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