Demand for Rare Earths May be Boosted by China

The Paragon Report reported research on Great Western Minerals Group (TSXV:GWG) and Molycorp (NYSE:MCP), as well as the state of the rare earth industry.

As quoted in the press release:

China’s decision last year to cut exports boosted prices and sparked concern among overseas users about access to supplies. Now, China is encouraging its companies to develop rare earth mines abroad to help ease pressure on domestic producers.

Click here for the Paragon Report press release.