China’s Rare Earth Stockpiling Expected to Exceed Forecast
Apr 15, 2014 18:51 GMT Source:SMM
Tags: China rare earth, China rare earth stockpiling
SHANGHAI, Apr. 15 (SMM) – Volume of Rare Earth Stocked by SRB Expected to Exceed Forecast China’s State Reserve Bureau (SRB) has entered into agreement with Chalco, China Minmetals, Baotou Iron & Steel, Ganzhou Rare Earth Group, Xiamen Tungsten, and Guangdong Rising Nonferrous Metals, for purchasing rare earth for state reserves. Industry insiders believed the volume of rare earth purchased may exceed forecast, and prices will be at least 10% higher than market pri......
