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Long Term Prospects Remain Bright for Rare Earth Explorers
May. 12, 2011 07:44AM PST
Rare Earth InvestingThe Bedford Report released research on Molycorp (NYSE:MCP) and Rare Element Resources (CVE:RES).
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.