China Rare Earth News Boosts REE Stocks

Forbes reported that China’s claims of an imminent rare earth shortage pushed rare earth stock prices up.

As quoted in the market news:

Even if there is no real shortage of rare earth elements, a resurgence in China’s economy would be positive for these stocks, which have been in a year-long bear market. The sharp increase in volume is a positive sign, and now is the time to target new buy levels.

Click here to read the full Forbes report.