Baotou Rare Earth Exchange shows progress with 9,700 tonnes traded since April
Published: Tuesday, 07 October 2014
With a turnover of almost $320m since its inauguration and more than 90 companies involved in trading, the Baotou Rare Earth Products Exchange shows is operating efficiently.
More than 9,700 tonnes rare earths have been traded at the
Baotou Rare Earth Products Exchange (BREPE), the
first rare earth exchange, as of September, with a total
turnover of Chinese renminbi 1.7bn ($277m*).
The latest data is sufficient proof that the exchange
has been in good operation,...