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Baotou, Rising Nonferrous Jump on Mineral Prices Outlook
Apr. 06, 2011 10:30AM PST
Rare Earth InvestingBloomberg reported that Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co. (SHA:600010) rose by the daily maximum on outlook for rare earth prices.
Bloomberg reported that Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co. (SHA:600010) rose by the daily maximum on outlook for rare earth prices.
The market news is quoted as saying:
Inner Mongolia Baotou gained 10 percent to 97.26 yuan at 3:11 p.m. in Shanghai, the highest since the shares made their debut in 1997. Rising Nonferrous Metals Share Co. advanced 5.8 percent to 77.93 yuan.
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