Rare Element: Rare Earths the Reason to Invest

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.

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