Baotou Steel Rare Earth profits drop by more than 20%
Published: Monday, 20 August 2012
Falling prices, rising costs and illegal mining blamed for company slump
rare earths company in the world, Inner Mongolia Baotou Steel Rare Earth
Hi-Tech Co. Ltd, has announced its profits fell by more than
one fifth for the first half of 2012, compared to
The companys total profit for the period from
January-June was Chinese renminbi (Rmb) 2.411bn...