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Rare earth producer
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China's Rare Earth Industry Suffered a Sharp Drop in Profits in 2013
Feb 26, 2014China's rare earth industry suffered a sharp drop in profits in 2013 despite modest revenue growth, a report said. Industry revenue was close to 77 billion yuan (12.6 billion US dollars) last year, up 7.9 percent, but profits fell 28.1 ...
Tags: Rare Earth, Mineral
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The State Council Has Agreed to Form a Major Rare Earth Production Corporation
Feb 10, 2014The State Council has agreed to form a major rare earth production corporation led by Ganzhou Rare Earth Group Co Ltd, the mayor of Ganzhou, Jiangxi province, said on Tuesday. The new rare earth group will become the largest of its kind ...
Tags: Rare Earth, Mineral
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China Will Make More Efforts to Consolidate The Rare Earth Industry and Promote Mergers
Jan 14, 2014China will make more efforts to consolidate the rare earth industry and promote mergers led by 6 major producers, an official told Xinhua on Thursday. Following restructuring efforts in recent years, the rare earth industry now has six ...
Tags: Rare Earth Industry, Iron, Steel
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China Announced The First Round of 2014 Export Quotas for Non-Ferrous Metals
Dec 17, 2013China's Ministry of Commerce on Friday announced the first round of 2014 export quotas for non-ferrous metals including rare earth and a list of enterprises eligible for export. Apart from rare earth, the first round of export quotas ...
Tags: China, Non-Ferrous Metal, Export Quotas
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'China's Rare Earth Ore Exports Have Been Rebounding Monthly Since February'
Aug 15, 2013"China's rare earth ore exports have been rebounding monthly since February,"said Ma Rongzhang, secretary-general of the China Rare Earth Industry Association. But Ma and the association did not provide export figures for the first half. ...
Tags: Rare Earths
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Several Reports Claim The Island Could Become The World's Top Rare Earth Producer
Jan 7, 2013Greenland’s treasure trove of rare earth metals, the largest deposit outside of China, cannot be mined because the elements are connected to restricted radioactive materials. Several reports, such as The Epoch Times’ latest ...
Tags: oil, gas, Greenland, rare earth metals, China
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Molycorp Has Seen Its Share Price Sink to Abysmal Lows Following Numerous Problems in 2012
Jan 7, 2013Molycorp (NYSE:MCP) has seen its share price sink to abysmal lows following numerous problems in 2012, leaving the American rare earth producer a highly appealing takeover target. Bloomberg reports that Molycorp, which owns the USA's ...
Tags: Molycorp, share price, rare earth, America
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China's Largest Rare-Earth Producer Would Suspend Output at Some Plants for Another Month
Jan 6, 2013China's largest rare-earth 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 ...
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Manufacturers Claim They Can Swap out Rare Earth Elements for Cheaper Materials
Dec 26, 2012Bob Wolf, Alliance LLC vice president, doesn't believe everything he reads. Manufacturers claim they can swap out rare earth elements for cheaper, more accessible materials, while some miners insist they can fill every gap in the rare earth ...
Tags: Finance, Rare Earth, Metallurgy
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Molycorp Surprised Investors with Top Line Growth of 49%
Dec 26, 2012A day after rare earth producer Molycorp (NYSE: MCP) surprised investors with top line growth of 49% that sent its shares soaring after hours, the stock is falling again. This time traders are reacting to news that a formal investigation ...
Tags: Rare Earth, USA, Metallurgy
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Rare Earth Production Throughout China Has Slowed
Dec 26, 2012Rare earth production throughout China – responsible for more than 90% of the world's output – has slowed due to weak downstream demand with output in Guangdong province particularly depressed. China Daily reports ...
Tags: China, Rare Earth, Metallurgy
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Ailing Economic Growth in China Is Beginning to Take a Toll on Miners and Suppliers in US
Dec 26, 2012Ailing economic growth in China is beginning to take a toll on miners and suppliers in the United States. Dwindling exports to the Middle Kingdom across a swathe of US industries would appear to strongly substantiate reports that the ...
Tags: China, Equipment News, Rare Earth, Suppliers News, USA
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Rare Earth Producer Molycorp Reported a Third-Quarter Loss on Thursday
Dec 25, 2012Rare earth producer Molycorp reported a third-quarter loss on Thursday, but investors liked top line growth that jumped 49% to $205.6 million In after hours trade on Thursday Molycorp was changing hands for $8.68, up $0.62 or more than 7% ...
Tags: Molycorp, Rare earth producer, Rare earth, rare metal products
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Molycorp Is Mounting a Credible Challenge to Chinese Rare Earth Dominance
Dec 25, 2012The USA's largest rare earth producer Molycorp (NYSE:MCP) is mounting a credible challenge to Chinese rare earth dominance by dramatically scaling up output and potentially increasing its global market share to 30% from 4% at present. ...
Tags: rare earth, rare earth producer, rare earth operations
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Most Chinese Takeovers in The Resource Sector Do Not Pose a Threat to National Security
Dec 25, 2012Most Chinese takeovers in the resource sector do not pose a threat to national security, says the author of a new report on Chinese investment in Canada. Theodore Moran, a professor of international business at Georgetown University, says ...
Tags: resource sector, investment, Direct Investment, mining, oilsands
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