China’s plans to cut its exports of rare earth minerals by 35% in 2011 sent commodities stocks soaring, with Hong Kong’s Hang Seng Index closing up 1.5%, China’s Shanghai Composite Index adding 0.7%, and Japan’s Nikkei 225 Index advancing 0.5%.
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Commodities Surge as China Slashes Rare Earth Exports originally appeared on DailyFinance on Wed, 29 Dec 2010 07:20:00.