China Companies Get Green Light for Rare Earth Exchange

- May 27th, 2011

Reuters reported that a rare earth exchange has been approved for the city of Baotou.

Reuters reported that a rare earth exchange has been approved for the city of Baotou.

The market news is quoted as saying:

The report called the decision a “breakthrough” in Chinese companies’ efforts to establish a unified national exchange that will “regularise market flows of rare earths” and give them greater leverage over foreign buyers.

To read the full market news, click here.

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