Industrial Minerals


China launches world's first rare earths exchange

23 July 2012

by Albert Li IM analyst, Shanghai

Baotou joins six other firms to establish national trading platform

Keywords: rare earths, China, Baotou, exchange, trading platform, Ganzhou

On 21 July the world’s largest rare earths producer announced that a national rare earths trading platform will be established in China on 8 August 2012.

Baotou Steel Rare Earth Hi-Tech and Xiamen Tungsten made a joint statement on Friday giving details of the new Exchange, which will be called Baotou Rare Earth Product Exchange Co. Ltd.

 The unified trading platform will be launched in Baotou City in China’s...