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December 7, 2012
09:18 EDTAVL, REE, SHZ, MCPCitic: China may stockpile Baotou rare earths to boost prices, Bloomberg says
A Citic Securities analyst said China may buy and stockpile rare earths from Inner Mongolia Baotou Steel Rare-Earth Hi-Tech, the nationís biggest producer, according to Bloomberg. The stockpiling may begin early next year, boosting second quarter prices, the note added.
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