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Chinese Rare Earth Producers Agree Extensive Cooperation
Jul. 01, 2011 02:11PM PST
Rare Earth InvestingThe China Post reported that Rising Nonferrous Metals (SHA:600259) and Inner Mongolia Baotou Steel Rare-Earth (SHA:600111) have signed a deal to jointly develop rare earths. The market news is quoted as saying: They will work together on capital, processing and technological uses of the 17 elements critical to making everything from iPods to electric cars and missiles, according […]
The China Post reported that Rising Nonferrous Metals (SHA:600259) and Inner Mongolia Baotou Steel Rare-Earth (SHA:600111) have signed a deal to jointly develop rare earths.
The market news is quoted as saying:
They will work together on capital, processing and technological uses of the 17 elements critical to making everything from iPods to electric cars and missiles, according to statements to the Shanghai stock exchange.
To read the full market news, click here.