Inner Mongolia Sees Rare Earth Export Price Down 38.2% in Q1 2015
Export volumes of rare earth from China's Inner Mongolia dropped 7% on the year in the first quarter, to 1,009.9 tonnes
BEIJING (SMM): Export volumes of rare earth from China’s Inner Mongolia dropped 7% on the year in the first quarter, to 1,009.9 tonnes, and the average export price tumbled 38.2% to 340,000 yuan per tonne, local media reported, citing Customs data.
Exports from Baotou City grew 5.3% to 975.2 tonnes in Q1, claiming 96.6% of Inner Mongolia’s total exports.
Courtesy: www.metal.com
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