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Baotou Steel Rare Earth re-listing purchases

Baotou Steel Rare Earth again publicly listed on the acquisition of rare earth oxides. The Baotou management public listing for the insured.

Analysis refers Baotou Steel's bid is higher than the market price, should be able to pull the whole rare earth prices, but due to overseas demand is still weak, it is estimated that the earliest the second quarter of next year, rare earth prices in order to resume its rally.

It has been reported that the roasting, smelting, separating enterprises and other measures to limit its rare earth mine in Baotou month ago to stabilize prices of rare earth, a view to stimulate the rare earth market.

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