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Chinese REE Stock Prices Climb

Investing News Network
Sep. 05, 2013 11:48AM PST
Rare Earth Investing

Chinese rare earths stocks pushed higher following a report that the country will curb illegal production of the metals, Mineweb reported.

Chinese rare earths stocks pushed higher following a report that the country will curb illegal production of the metals, Mineweb reported.

As quoted in the market news:

Rising Nonferrous rose 4.1 percent to close at 48.70 yuan [Wednesday] in Shanghai, after climbing as much as 8.6 percent. Baotou Steel Rare Earth increased 0.7 percent to 29.46 yuan. The key Shanghai Composite Index rose 0.2 percent.

Read the full report on Mineweb here

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