Newssummary: Trading on China Baotou Rare Earth Exchange Hits $1.8 Bn Jan.-Apr.

SHANGHAI, May 6 (SMM) – Trading value on China’s Baotou Rare Earth Products Exchange totaled 11.3 billion yuan ($1.8 billion) in the first four months, according to report from China’s leading rare earth producer Baotou Steel Rare Earth.

Trading activities have been enlivened this year on the Exchange, with the value in first four months doubling 2014’s total. Physical trading of products listed on the Exchange totaled 69,357.09 tonnes January-April, with the value hitting 11.3 billion yuan.

The Exchange was put online on March 28, 2014.

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