Rare Earths have been the subject of much attention from all participants in the mining and minerals industry of late. Reuters Insider investigates this trend and the underlying combination of industrial requirements, resource nationalism and investor interest…
Miners, China Riding Rare Earth Boom
A sudden dearth in rare earth metals because of Chinese export quotas is sending shares of mining companies to all-time highs. But what are rare earth metals? And why are they so valuable today?
Rare Earth Mining Stocks in a Bubble, Northern Uranium Says
Australian miner Northern Uranium, which will start drilling for rare earth metals in 2011, sees a bubble in mining stocks after the company’s shares soared 550 percent in three months.
Molycorp CEO Expects to Beat China on Rare Earth Prices
Molycorp CEO Mark Smith says his company’s Mountain Pass, California, deposit of rare earth is “world class.” Molycorp expects to produce a sixth of the world’s rare-earth metals by 2012.
Smuggling Rife in Scramble for China Rare Earths
China’s restrictions on rare earths exports have fueled smuggling and a mad scramble for quotas, while other nations’ new mines could ultimately weigh on the market, says Asian Metal’s MD, Tiger Pan.
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