Rare Earth Prices May Be Set to Fall

Forbes reported that rare earths could be heading for a glut in the near future.

As quoted in the market news:

The global rare earths market is perhaps 150,000 tonnes a year of mixed oxides. Molycorp is on track to be producing 20,000 tonnes a year soon. Lynas Corp is about to commission its Malaysian separation plant: when that whole system is in full production we might be talking of another 20,000 tonnes a year.

Click here to read the full Forbes report.