Industrial Minerals


Will China rare earth storage project boost price?

09 July 2012

by Albert Li IM analyst, Shanghai

Rumours of project leads to speculation that govt seeks to support prices

Keywords: China, rare earth, Baotou Steel Rare Earth High-tech, neodymium, lanthanum

According to China Business News, a source from the Chinese Ministry for Information and Technology (MIIT) said a National Rare Earth Storage Project will be initiated in one to two weeks.

This is not the first time that a rare earth storage project has been discussed.  Last year, Baotou Steel Rare Earth...