Baotou Rare Earth expands south

By Mark Watts
Published: Wednesday, 04 August 2010

World’s largest rare earth producer invests in Jiangxi to expand reserves – report

Baotou Steel Rare Earth (Group) Hi-Tech Co. plans to expand into the south of China through a RMB 232.4m. ($34.3m.) investment in rare earth groups based in Jiangxi province, according to a press report.

China Daily reported that the group would invest RMB 74m. ($10.9m.) to buy a...

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