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Wednesday, May 15, 2024

Banpu moves into rare earth mining

Set to replace firm’s coal-mining activities

Coal for use at Banpu’s Shanxi Lu Guang power plant in China. Banpu will make no new investments in the coal business as it is moving towards clean energy. 

SET-listed Banpu is preparing to diversify into the mining of rare earths, which is expected to replace its coal mining activities as the company focuses on the development of greener and smarter energy.

The company is…

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