A new entity, the Jiangxi National Rare Earth Technology Innovation Center, has been established with a registered capital of 1.25 billion RMB. This center is jointly held by China Rare Earth Group Co., Ltd., the Ganzhou Institute of Innovation of the Chinese Academy of Sciences, and CNNC Resources Development Co., Ltd. Its operational scope includes mineral resource exploration and scientific research and development. AI
RANK_REASON Establishment of a national-level technology innovation center with significant government and corporate backing. [lever_c_demoted from significant: ic=1 ai=0.1]
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