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Boosted by favorable policy initiatives, numerous rare earth concept stocks have witnessed a significant surge in recent times. Jinli Permanent Magnet has soared by over 10%, while other stocks like Sanchuan Wisdom and Sinosteel Tianyuan have also climbed by more than 5%. The "Interim Measures for the Regulation and Management of Total Quantity Control of Rare Earth Mining and Rare Earth Smelting and Separation," jointly promulgated by the Ministry of Industry and Information Technology, the National Development and Reform Commission, and the Ministry of Natural Resources, came into effect on the day of its announcement. These measures not only tighten the total quantity control over rare earth mining and smelting separation but also encompass the management of imported ores, thereby further standardizing the development of the rare earth industry.
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