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China plans rare-earth trading platform

Posted on 13 July 2012

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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