Rare Earth Boom Shows No Signs of Slowing

The Bedford Report released an outlook on rare earths and research on Rare Element Resources, Inc. (AMEX:REE) and China Shen Zhou Mining & Resources, Inc. (AMEX:SHZ).

The press release is quoted as saying:

Statistics collected in Hong Kong show exports of rare earth metals have shrunk in half over the past year. Over the same period, the value of exports has soared to more than $121,000 per tonne, a 10-fold jump from a year ago.

Click here to read the entire news release.