The Conversation (0)
Seeking Alpha reports that demand for rare earth elements is the reason to invest in Rare Element Resources (AMEX:REE).
Seeking Alpha reports that demand for rare earth elements is the reason to invest in Rare Element Resources (AMEX:REE).
The editorial is quoted as saying:
REEs are the reason to invest in Rare Element. The reason is the demand. A new Toyota Prius has 25 to 27 kilograms of rare earth elements. China produces more then 95% of the world supply and they are beginning to use tariffs. Only one mine in North America is in production.