Rare Earth Metals Stocks Heavy With Potential Profits

- November 18th, 2011

Resource Investor reported that companies with large rare earth deposits stand to profit from increased demand and restricted supply scenarios.

Resource Investor reported that companies with large rare earth deposits stand to profit from increased demand and restricted supply scenarios.

As quoted in the market news:

The end-users of rare earths, which include smartphone makers, auto manufacturers and oil refiners, began to search for alternative materials while mining companies stepped up their efforts to locate and extract rare earth metals from deposits outside China. Those efforts led to the recent price pullback. But with prices for the metals still much higher now than they were two years ago, mining rare earths is far more lucrative than it used to be.

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