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China Is Responsible for More Than 95% of The Global Supply of Rare Earths
Jan 8, 2013China is responsible for more than 95%of the global supply of rare earths and over the weekend the country'sMinistry of Land and Resources(MLR),announced that the first production quota for rare earths this year will be set at 46,900 ...
Tags: Rare Earth Production, quotas, MLR, tungsten
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Molycorp's Mould-Breaking Deal with Neo Material Technologies Sent Its Shares Rocketing
Dec 26, 2012Molycorp's mould-breaking deal with Neo Material Technologies sent its shares rocketing in New York on Friday. By lunchtime the stock was trading at $30.09, up 15.8%, on volumes already close to triple the daily average. The counter is ...
Tags: China, Finance, Molybdenum, Rare Earth, USA
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Strong Revenue Growth and a Production Ramp-up Failed to Give Molycorp a Boost
Dec 26, 2012Strong revenue growth and a production ramp-up failed to give Molycorp a boost on Friday with the stock falling almost 2% by the close. The Colorado company, in the process of restarting full-scale mining and processing at Mountain Pass ...
Tags: China, Rare Earth, USA, Metallurgy
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Colorado Republican Congressman Mike Coffman Managed to Tie Together a Popular Video Game
Dec 26, 2012Colorado Republican congressman Mike Coffman managed to tie together a popular video game, US President Barack Obama and rare earth mining in an op-ed published in The Washington Times last week. Even by the not very high standards of ...
Tags: China, Rare Earth, USA
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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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Chinese Authorities Have Added 10,680 Tonnes to The Country's Export Allowance
Dec 26, 2012Chinese authorities have added 10,680 tonnes to the country's export allowance on the top of the 10,546 tonnes it had already allocated to 11 state-sanctioned miners this year. It is something of a meaningless exercise because during the ...
Tags: Asia, China, Rare Earth, USA
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Less Valuable REEs Have Experienced The Sharpest Reversals.
Dec 25, 2012As Japan, the world's number one importer of rare earths, cuts purchases from China in half and producers outside the country ramp up to production the outlook for prices of the 17 elements looks increasingly bleak. China Daily reports ...
Tags: Rare earth, rare earths, rare earth magnet, REEs, scarcer REEs
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China Has Started Stockpiling Rare Earths Had The Industry Buzzing This Week.
Dec 25, 2012News from unnamed sources that quoted unnamed analysts that China has started stockpiling rare earths had the industry buzzing this week. But unfortunately none of it had the desired effect and the stocks of REE miners and explorers ...
Tags: Rarest element, REE, rare earths industry, REE miners
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Platts Reports Thursday China Will Start Forcing Rare Earth Producers out of Business
Apr 26, 2012Platts reports Thursday China will start forcing rare earth producers out of business if they don't qualify for new value-added tax permits being allocated from May 1. Officially it's China's latest bid to curb resource plundering, ...
Tags: Rare Earth, Rare Earth Prices, Metallurgy, Mineral