皇冠体育app

/ Policy Watch

Rare earth trading platform to start operating in Aug

(皇冠体育app Daily) Updated: 2012-07-13 14:24

皇冠体育app will introduce its first spot-trading platform for rare earths on Aug 8, Shanghai Securities News reported, in the country's latest attempt to improve price discovery for the commodities and subject the market to better regulation.

The platform, led by 皇冠体育app's largest producer of rare earths, Baotou Steel Rare-Earth Hi Tech, will allow only physical trading, the newspaper said, without citing sources.

皇冠体育app is responsible for more than 95 percent of the global output of rare earths, a group of 17 minerals used in the electronics, defense and renewable energy industries.

Agencies - 皇冠体育app Daily

Hot Topics

Editor's Picks
...