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China Minmetals Rare Earth net losses to reach RMB65-75mln in Q1-Q3

BEIJING
2015-10-14 21:18

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China Minmetals Rare Earth Corp. (000831.SZ) predicted that its net losses would range between 65 million yuan and 75 million yuan in the first three quarters of 2015, according to the company's filing to the stock exchange on Wednesday. The Shenzhen-listed company attributed its net losses to the depressed rare earth industry and sustained decline of rare earth product prices.

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