Chinese and Australian Rare Earth Explorers Navigate Controversy

The Bedford Report released research on Lynas Corporation (ASX:LYC) and Qiao Xing Universal Resources, Inc. (NASDAQ:XING).

The press release is quoted as saying:

Earlier this month Lynas said it will spend up to $US210 million on the second phase of construction on a planned refinery plant in Kuantan. The plant is being built to process “slightly radioactive” ore concentrate from Lynas’s rare earths deposit at Mount Weld in Western Australia.

Click here to read the entire news release.