World’s Largest Rare Earth Company Halts Production To Maintain High Prices

Production will be suspended for a month by China’s Inner Mongolia Baotou Steel Rare Earths, the world’s largest producer, in order to stabilize prices.
World’s Largest Rare Earth Company Halts Production To Maintain High Prices
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/106002563_small.jpg" alt="A man, driving a front loader, shifts soil containing rare earth minerals to be loaded for export to Japan at a port in Lianyungang, east China's Jiangsu Province, September 2010. China's restrictions on exports of rare earths are aimed at maximizing profit, strengthening its homegrown high-tech companies, and forcing other nations to help sustain global supply, experts say. (STR/AFP/Getty Images)" title="A man, driving a front loader, shifts soil containing rare earth minerals to be loaded for export to Japan at a port in Lianyungang, east China's Jiangsu Province, September 2010. China's restrictions on exports of rare earths are aimed at maximizing profit, strengthening its homegrown high-tech companies, and forcing other nations to help sustain global supply, experts say. (STR/AFP/Getty Images)" width="575" class="size-medium wp-image-1795739"/></a>
A man, driving a front loader, shifts soil containing rare earth minerals to be loaded for export to Japan at a port in Lianyungang, east China's Jiangsu Province, September 2010. China's restrictions on exports of rare earths are aimed at maximizing profit, strengthening its homegrown high-tech companies, and forcing other nations to help sustain global supply, experts say. (STR/AFP/Getty Images)