China rare earths producer extends output halt | Bangkok Post: news

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China rare earths producer extends output halt

China's largest rare earths producer said Tuesday it would suspend output at some plants for another month, extending a halt started in late October to try and stem falling prices.

A cyclist rides along a dusty road where dozens of factories are processing rare earths on the outskirts of Baotou city in Inner Monglia, northwest China on April 21, 2011. China's largest rare earths producer said Tuesday it would suspend output at some plants for another month, extending a halt started in late October to try and stem falling prices.

Baotou Steel Rare-Earth will halt firing, smelting and separation of rare earths at its factories in Baotou in the northern region of Inner Mongolia for one more month, it said in a statement filed with the Shanghai bourse.

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