China’s Rare Earth Monopoly May Be Threatened

Five Star Equities released research on Molycorp (NYSE:MCP), Rare Earth Elements (NYSE:REE) and the outlook for the rare earth industry.

As quoted in the press release:

China’s monopoly of the rare earth market could be in jeopardy as countries have invested significant money and resources into domestic rare earth projects. Technology Metals Research states that there are currently 35 rare earth projects outside of China, with Molycorp’s Mountain Pass operation being the most mature.

Click here for the Five Star Equities press release.