China Minerals Rare Earth wins auction of some Fanya's metals
2019-09-02 15:02:08 [Print]
In mid-August, Kunming Intermediate People's Court released an announcement that it would auction some involved properties at its Alibaba judicial online sale platform from 10:00 of 31 August to 10:00 of 1 September, 2019 (excluding those with a longer deadline), including all rare earth and antimony products of Fanya Metal Exchange. The total starting price was over RMB780 million (USD109 million).
At 10:00am of 1 September, the auction results were released. According to the online auction confirmation letter, China Minerals Rare Earth Co., Ltd won the auction of all antimony, dysprosium oxide and terbium oxide that were announced earlier at a total price of over RMB780 million (USD109 million).
At 10:00am of 1 September, the auction results were released. According to the online auction confirmation letter, China Minerals Rare Earth Co., Ltd won the auction of all antimony, dysprosium oxide and terbium oxide that were announced earlier at a total price of over RMB780 million (USD109 million).
Antimony Trioxide 99.8%min Delivered China
Unit:RMB/mt
China antimony ingot producers' sales to production ratio statistics by province by month
Unit: %
