Quantum CEO Predicts China’s Export Limits on Rare Earths Will Benefit the Mining Industry
Investing News Network - January 4th, 2011
Quantum Rare Earth Developments Corp. (CVE:QRE) reports on China’s export limits on rare earths and its benefits.
Quantum Rare Earth Developments Corp. (TSXV:QRE) reports on China’s export limits on rare earths and its benefits.
The press release is quoted as saying:
Rare earth metals are relatively obscure elements that are essential for many high-tech products, such as smartphones, electric cars, many computers, and a range of military hardware. Neodymium and dysprosium, for instance, are needed to make top-performing magnets in electric motors and generators.
Click here to access the entire news release.
Click here to access Quantum Rare Earth Developments’ company profile.