Rare Earth Industry Not in a Bubble

The Gold Report reported an interview with analyst Jon Hykawy on the outlook for the rare earth industry.

Analyst Jon Hykawy said:

In order for the sector to turn around, companies need to start making money. We need to see Lynas Corp. (LYC:ASX) come to market and show that it can actually produce meaningful cash flows out of an LREE business. We need to see Molycorp come to market, start producing alloys and magnets, and demonstrate that added downstream processing contributes dramatically to both revenue and profitability.

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