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CNBC reported that Baotou Steel Rare Earth (Group) Hi-tech Co has suspended production, due to a sharp drop in prices.
CNBC reported that Baotou Steel Rare Earth (Group) Hi-tech Co has suspended production, due to a sharp drop in prices.
As quoted in the market report:
China’s biggest rare earths producer has suspended production in an effort to shore up plunging prices of the materials used by makers of mobile phones and other high-tech products.
To view the whole CNBC report, click here.