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8 Top Rare Earth-producing Countries

While China may have a stranglehold on the rare earths market, it’s not the only country producing the metals. Here’s a look at the eight top rare earth-producing countries of 2014, as per statistics from the US Geological Survey.

Lynas Corp Says Rare Earths Market Not So Bad

Australia’s Lynas Corporation (ASX:LYC) aimed to reassure investors that the rare earths market has not been going as badly as many have speculated, according to the Australian. Lynas released a statement today in which it addressed what it says is media speculation about the state of the industry.

Lynas Sees LAMP Reaching Targeted Production in June Quarter

Yesterday, Lynas Corporation Ltd. (ASX:LYC) released its quarterly report for Q1 2014, commenting that management is “confident” that the Lynas Advanced Materials Plant (LAMP) will reach its targeted production run rate of 11,000 tonnes per year “on sustainable basis” during the June quarter.

Lynas Shares Jump on LAMP Production Expectations

Mining Weekly reported that yesterday, shares of Lynas Corporation Ltd. (ASX:LYC) jumped 25 percent on the news that the company expects its Lynas Advanced Materials Plant (LAMP) to hit production and sales volume records in both March and the first quarter of this year.

Medallion Resources (TSXV:MDL) is focused on becoming a low-cost producer of rare earth elements (REEs) from monazite, a by-product from existing mineral sands mining sources. Connect with MDL to receive instant updates.
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