Critical Metals

Pele Mountain Resources (CVE:GEM) announced significant rare earth resources at its Eco Ridge project.

Pele Mountain Resources (TSXV:GEM) announced significant rare earth resources at its Eco Ridge project.

The press release is quoted as saying:

CNBC reported yesterday that China’s exports of rare earth metals burst through the $100,000-per-tonne mark for the first time in February, up almost nine-fold from last year, while the volume of trade remains below historical averages. Money in Metals believes this news bodes well for Pele Mountain Resources.

To read the full press release, click here.

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