China Plans REE Trading Platform

The Wall Street Journal reported Inner Mongolia Baotou Steel Rare-Earth (Group) Hi-Tech Co., China’s largest rare-earth producer, announced plans to launch a trading platform.

As quoted in the report:

Inner Mongolia Baotou Steel Rare-Earth (Group) Hi-Tech Co., China’s largest producer by output, plans to launch the physical-trading platform Aug. 8, it said on its website in an in-house company news report dated Friday. Baotou is leading about 10 major Chinese rare-earth producers to set up the platform, it said.

Click here to read the full Wall Street Journal Report.