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Carolyn Dennis Discusses Rare Earth Investment Climate
May. 01, 2012 02:19PM PST
Rare Earth InvestingBusiness Insider reported an interview with Carolyn Dennis regarding investment potential in the rare earths industry.
Business Insider reported an interview with Carolyn Dennis regarding investment potential in the rare earths industry.
Equities expert Carolyn Dennis said:
We believe the light rare earth (LREE) market is going to be largely satisfied by Molycorp Inc. (MCP:NYSE) and Lynas Corp., among a few others. The real crunch is going to be in the heavy rare earths (HREEs) neodymium and praseodymium, based on expectations of growing demand for permanent magnets and phosphors.