Baotou Steel to adjust rare earth concentrate price
2022-12-13 12:02:01 [Print]
On December 12, Baotou Steel announced that, upon discussion with Northern Rare Earth, Baotou Steel plans to adjust rare earth concentrate price to RMB35,313/t (USD5,060/t) Ex-VAT, and adjust rare earth concentrate trading volume in 2022 from no more than 230,000t to around 283,300t, with the added 53,300t to be executed in the fourth quarter of 2022 at the new price.