Growing Rare Earth Exports From China's Inner Mongolia Region in H1 2015

Rare Earth Investing

Xinhuanet reported that China’s Inner Mongolia Autonomous region recorded significant export growth for the first half of the year.

Xinhuanet reported that China’s Inner Mongolia Autonomous region recorded significant export growth for the first half of the year.
As quoted in the publication:

Inner Mongolia exported 2,664 tonnes of rare earth products in the first six months, up 36.5 percent year on year, according to local customs.
About half went to the United States and about one third to Japan, up 40 percent and 130 percent respectively.
During the six months, the average export price of rare earth products was 32,000 yuan (5,229 U.S. dollars) per tonne, down 34.7 percent from the same period of last year.

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