China has established its first precious metal exchange in the central Hunan province, China Daily reports. The Hunan South Rare and Precious Metal Exchange had total investments of $40.2 million.
The bourse will be able to offer spot trading, late trading and long-term trading of non-ferrous metals, rare materials and precious metal products or raw materials, adds Mineweb. Its first four products to be listed are silver, bismuth, indium and tellurium.
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