Tibet develops shares of rare earths for fourth consecutive day

NetEase Financial March 18 News of the opening of Tibet today is still strong seal on the trading, rare earth plate affected continue to attack collectively.　　Stocks, the development of Tibet four consecutive trading, the central branch of the three-ring 3.15%, Baotou steel rare earths rose 3.08%, Minmetals development Rose 1.53%, Taiyuan Corundum Rose 1.85%, Xiamen tungsten industry rose 1.95%.　　The recent surge in rare earth prices and strong controls on volume and prices by Rare-earth miners have pushed the concept of rare earths into a market that has been repeatedly pursued since last year and has been a major move to meet market trends. Tibet Development Month 15th announced that 200 million yuan in cash to be funded with Xichang and Dechang Zhi can jointly set up Johnson thick rare Earth Mining Co., Ltd. (thick rare Earth), of which Tibet Development holds a new company 26.67% of the equity, the new company will be established with the local government to build rare earth concentrate processing base. The move shows the company's intention to move to rare earths. Responsible Editor: NF058