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...CGN’s Taishan plant, equivalent to one-fifth of CGN’s current capacity, relies on the same part....
...(Financial Times) George Soros has bought a stake in Spain’s FCC, becoming the second prominent international investor after Microsoft co-founder Bill Gates to bet on the indebted construction company in...
...Tengda Construction gained 9 per cent to Rmb3.52, while Baotou Steel added 4 per cent to Rmb6.45. Zhuzhou Smelter Group jumped 10 per cent to Rmb11.91....
...Baotou Steel fell 3.2 per cent to Rmb5.81 in Shanghai, while offshore oil company Cnooc fell 1.4 per cent to HK$15.30 in Hong Kong....
...Baotou Steel climbed 10 per cent to Rmb6.28, while Yulong Steel rose 3.9 per cent to Rmb10.71. The Shanghai Composite gained 0.2 per cent to 2,410.2....
...Baotou said the suspension, which begins on Wednesday, would also cut supplies of unprocessed rare earths to processing plants that buy from Baotou....
...“Over time Baotou has been getting stronger and stronger.” Baotou’s position could grow further thanks to China’s plans to consolidate the rare earths mining sector....
...Inner Mongolia Baotou Steel Rare Earth, the Shanghai-listed behemoth satisfying two-fifths of world demand, is now up 156 per cent year-to-date, against a benchmark down by a fifth....
...Inner Mongolia Baotou Steel Rare Earth High-Tech, which mines rare minerals, jumped the daily limit of 10 per cent to Rmb24.53....
...One of Shanghai’s star performers was Inner Mongolia Baotou Steel Rare-Earth Hi-Tech, which owns the largest mine for so-called rare earth minerals in China....
...Baoshan Steel gained 1.1 per cent to Rmb6.53, Wuhan Steel increased 3.4 per cent to Rmb7.10 and Baotou Steel rose 3.1 per cent to Rmb2.99....
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