Critical Metals

ValueWalk reported that rare earth companies, including Molycorp, got a boost this week on steps China has taken to shut down unlicensed mines.

ValueWalk reported that rare earth companies, including Molycorp, got a boost this week on steps China has taken to shut down unlicensed mines.

As quoted in the market report:

Analyst Luisa Moreno of Euro Pacific said that the stocks gained due to steps taken by China. Stocks are advancing because China has launched a campaign to shutter down the unlicensed mines in China’s Ganzau. Moreno holds the view that the funds are buying various related companies.

To view the whole ValueWalk report, click here.

Featured

MARKETS

Markets
TSX20659.97+127.79
TSXV720.32+5.66
DOW32883.89+246.70
S&P 5004116.54+58.70
NASD11988.70+248.05
ASX7105.90-49.30

COMMODITIES

Commodities
Gold1852.22-0.84
Silver22.05+0.03
Copper4.30+0.05
Palladium2067.00+59.00
Platinum951.00+2.00
Oil113.44-0.65
Heating Oil3.86+0.01
Natural Gas8.69-0.20

DOWNLOAD FREE REPORTS

×