China’s rare earths trading mechanisms “outdated” says exchange chief
Published: Monday, 08 June 2015
A shift to the trading mechanisms used in other global commodities like gold and silver via securitisation and trading platforms could give a shot in the arm to the rare earths industry, according to Haiming Wu, leader of the China South Rare Earths Products Exchange Centre.
China needs to bring its system for
publicly buying and selling rare earths, according to one
leading figure in the industry.
Speaking at the China Rare Earths Industry Investment Summit
conference in Guangdong, China, in late May, Haiming Wu, the
general manager of China South Rare Earth Products Exchange
Centre (CSREPEC) said...