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    market news

    Rare earth element mining: new boom

    Investing News Network
    Feb. 18, 2010 05:14PM PST
    Rare Earth Investing

    It is reported that there is a rush to find deposits of rare earth elements (REEs), critical components of materials used in the defence, electronics and other key industries.

    It is reported that there is a rush to find deposits of rare earth elements (REEs), critical components of materials used in the defence, electronics and other key industries.

    The press release is quoted as saying:

    REEs comprise 16 chemical elements uniquely able to retain their physical properties at high temperatures. China is by far the world’s dominant producer but has served notice it plans to conserve supplies for its own use.

    Click here to access the entire press release

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