- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Silver47 Exploration
Purpose Bitcoin ETF
Syntheia
Black Swan Graphene
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Bloomberg reported Xiamen Tungsten Co. (SHA:600549) rose to the highest in more than a month after the company said it will accelerate development of its rare earth business.
Bloomberg reported Xiamen Tungsten Co. (SHA:600549) rose to the highest in more than a month after the company said it will accelerate development of its rare earth business.
As quoted in the market news:
The stock jumped by the 10 percent daily limit to 46.06 yuan, the highest close since June 20. China’s benchmark Shanghai Composite Index added 0.2 percent.
The southeastern province of Fujian asked the company to take a leading role in helping to promote development of the region’s rare earth industry, Xiamen Tungsten said in a statement to Shanghai’s stock exchange late yesterday. Fujian wants to consolidate the industry by the end of this year and to foster a rare-earth company with 20 billion yuan ($3.1 billion) of output by 2015, the company said.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.