男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

US EUROPE AFRICA ASIA 中文
Business / Industries

Rare earth products exchange in good operation

(Xinhua) Updated: 2014-10-07 15:12

HOHHOT, -- China's first rare earth exchange has amassed almost two billion yuan in trade since opening in March, a recent report has shown.

Gu Ming, general manager of the Baotou Rare Earth Products Exchange, said that by the end of September, more than 9,700 tonnes of rare earths have been traded, with the total turnover reaching 1.7 billion yuan ($277 million).

"The latest data is sufficient proof that the exchange has been in good operation," Gu said.

Located in Baotou City, north China's Inner Mongolia Autonomous Region, the exchange was initiated by Baotou Steel Rare Earth (Group) Hi-Tech Co (BSRE), China's leading rare earth producer, and another 12 firms and institutions with a registered capital of 120 million yuan ($19.32 million).

Zhang Zhong, general manager of BSRE, praised the exchange for its significance and influence in the industry, as its initiators could obtain 80 percent of China's total rare earth ore and products each year respectively.

"Our annual export quota takes up 79 percent of the country's total, illustrating the importance of the exchange," Zhang said.

Since its debut, the electronic trading platform has become a magnet for both domestic and foreign companies, with more than 90 involved in its trading, and its influence is still expanding, Gu said.

Yang Zhanfeng, dean of Baotou Research Institute of Rare Earths, said that the exchange has effectively regulated the industry of the precious ore and enhanced transparency, as companies all trade on the same platform with the same standard.

China is the world's largest rare earth producer and exporter, accounting for more than 90 percent of the world's supply. However, the country lacks pricing power in the global market and wild price swings of resources have had a negative effect on Chinese producers.

Rare earth metals are vital for manufacturing high-tech products ranging from smartphones and wind turbines to electric car batteries and missiles.

Rare earth products exchange in good operation

Rare earth products exchange in good operation

Government approves rare earth conglomerates  Rare-earth firms urged to upgrade technology 

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 印江| 昌图县| 中方县| 公安县| 岳池县| 炉霍县| 荥阳市| 平凉市| 靖安县| 十堰市| 白朗县| 晋中市| 丰台区| 安龙县| 抚顺县| 海丰县| 务川| 栾城县| 静宁县| 荃湾区| 四子王旗| 尚志市| 鄱阳县| 宝兴县| 金塔县| 洛南县| 砚山县| 博客| 建德市| 神农架林区| 肥东县| 合肥市| 卓资县| 新余市| 武陟县| 孟州市| 大石桥市| 微博| 沁源县| 鄂伦春自治旗| 宁夏|