Five-Year Period Critical for Rare Earth Miners

The Gold Report reported an interview with Kaiser Research Online editor John Kaiser.

Editor John Kaiser said:

Molycorp and Lynas Corp. are the two companies in the lead with high-grade LREE projects. Molycorp is marching along very nicely. Lynas is hung up in Malaysia due to political opposition to how the company wants to deal with the radioactive thorium waste from processing REE concentrates. If these two companies come fully onstream, they will glut the market with LREEs, primarily lanthanum and cerium, as well as a fair amount of neodymium.

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