Molycorp and Rare Element Resources to Share Burden of Global Rare Earth Production

The Bedford Report released research on Molycorp (NYSE:MCP), Rare Element Resources (AMEX:REE,TSX:RES) and the outlook for the rare earth industry.

As quoted in the press release:

According to Reuters, most of China’s rare earth prices remained unchanged last week from two weeks ago, but a few in the complex fell — a sign that the industry is still in a correction cycle from sky-high levels seen earlier this year after Beijing tightened controls over production and mining.

Click here to read the Bedford Report press release.