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Newssummary: Ganzhou Rare Earth, Rising Nonferrous Buy REE below Market Price
Nov 6,2013 15:52CST
company news
Source:SMM
Ganzhou Rare Earth Group Co. and Guangdong Rising Nonferrous Metals Group Co. are buying a rare earth element (REE) below market prices ahead of national stockpiling program, DZHNews reported.

SHANGHAI, Nov. 6 (SMM) – Ganzhou Rare Earth Group Co. and Rising Nonferrous Metals Co. are buying a rare earth element (REE) below market prices ahead of national stockpiling program, DZHNews reported.

The two companies are buying dysprosium oxide at 1.8 million yuan ($293,310) per tonne and 1.85 million yuan per tonne, respectively, the Chinese news agency reported today, citing unnamed industry sources.

The full report is available on Shanghai Metals Market’s Chinese-language website: www.smm.cn.
 

Chinese news summary
Ganzhou Rare Earth Group Co.
Rising Nonferrous Metals Co.
China rare earth stockpiling

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