Rare Element Resources and Molycorp Respond to Surging Rare Earth Prices

The Bedford Report released research on Rare Element Resources (AMEX:REE,TSX:RES) and Molycorp (NYSE:MCP).

The press release is quoted as saying:

North American Rare Earth miners are responding to the rally in prices. Australia, South Africa, Alaska, Canada and Sweden are considered to have the leading mines in terms of quality outside of China.

Click here to read the entire news release.