REE Prices Could Jump on Chinese Buying

Rare earth prices could rise if a rumor that China’s State Reserve Bureau plans to start buying the metals soon, Mining Weekly reported.

As quoted in the market news:

The China Securities Journal was quoted by the Shanghai Metals Market (SMM) news service on Tuesday as having learnt from several sources close to the SRB that buying rare earths could start soon, despite no public announcement having been made.

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