Race to Rare Earths Heats Up

- April 30th, 2010

Kitco.com reported on Race to Rare Earths Heats Up:

Kitco.com reported on Race to Rare Earths Heats Up:

Mercenary Geologist Mickey Fulp says that 2009’s “flavor of the year”—rare earth elements—will sport that same label in 2010. A major driving force, the momentum building in green technology, is expected to take global consumption to 200,000 tons annually by 2015 (from approximately 108,000 tons in 2007). At the same time, tight supplies will shrink further for at least another two or three years, until deposits outside China ramp up into production. Among the companies Mickey likes in the space are the integrated mine-to-market players. In this exclusive interview with The Energy Report, he also tells us he’s bullish on uranium, too, but finds it scary to see likes of Kazakhstan emerging as the world’s top supplier.

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