Rare Element soars on Sumitomo-Molycorp report

Rare Earth Investing

Reuters Canada reports that shares of Rare Element Resources (CVE:RES) jumped more than 13 percent on Monday.

Reuters Canada reports that shares of Rare Element Resources (TSXV:RES) jumped more than 13 percent on Monday.

The market news is quoted as saying:

Rare Element’s flagship project is Bear Lodge in Wyoming. It boasts a high grade of total rare earths and a good distribution of dysprosium and neodymium, which are used in the motors of electric and hybrid cars

Click here to access the entire news

The Conversation (0)
Ă—