13.07.2012 - China plans rare-earth trading platform
China's largest rare-earth producer plans to launch a trading platform, according to a company newsletter, in the nation's latest attempt to exert more control over the pricing of the strategically important minerals. Inner Mongolia Baotou Steel Rare-Earth (Group) Hi-Tech Co, China's largest producer by output, plans to launch the physical-trading platform Aug. 8, it said on its website in an in-house company news report dated Friday. Baotou is leading about 10 major Chinese rare-earth producers to set up the platform, it said...............................................Full Article: Source
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