Baotou Steel Rare-Earth Hi-Tech fails export quota test

By Albert Li IM analyst, Shanghai
Published: Friday, 18 May 2012

World rare earths leader fails environmental assessment once again

Inner Mongolia Baotou Steel Rare-Earth Hi-TechCo Ltd has not passed an obligatory second environmental assessment which could mean that it could be stopped from exporting.

 

The Chinese Ministry of Commerce (MOFCOM) said this week that the rare earth giant failed the second round of tests which would allow...

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