Jon Hykawy: Offtake Agreements Rule REE Market

Business Insider reported an interview with Jon Hykawy of Byron Capital Markets on the factors affecting the global rare earth market.

The market news is quoted as saying:

Last year, anyone who claimed to have REEs was headed for glory and success. This year, the investment community?certainly the institutional investors?seems to recognize that there is no point in these companies building a mine if they can’t get into production quickly or if they don’t have a customer.

To read the full market news, click here.