Long Term Prospects Remain Bright for Rare Earth Explorers

The Bedford Report released research on Molycorp (NYSE:MCP) and Rare Element Resources (TSXV:RES).

The press release is quoted as saying:

Although rare earth metal prices are surging due to favorable demand conditions, there are currently no separation facilities for the all-important “heavy” rare earths outside of China, leaving North American explorers to struggle for revenues.

To read the full press release, click here.