Top Rare Earths Reserves by Country
By Jocelyn Aspa
China is the top producer of rare earths and also holds the largest reserves. Which other countries made the list?
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Your trusted source for investing success
By Jocelyn Aspa
China is the top producer of rare earths and also holds the largest reserves. Which other countries made the list?
By Jocelyn Aspa
While China may have a stranglehold on the rare earths market, it’s not the only country responsible for production. In fact, seven other countries produced rare earths in 2016.
Molycorp (OTC:MCPIQ) announced that its plan to emerge from Chapter 11 Bankruptcy protection was approved by the US Bankruptcy Court for the District of Delaware this week. The company had faced a number of objections to previous plans.
An overview of some of our top-read rare earth news stories of 2015.
Ryan Castilloux of Adamas Intelligence continues his rare earths market update in the second part of this interview.
Ryan Castilloux of Adamas Intelligence gives a mid-year update on the rare earths market in 2015.
Molycorp, the only US-based rare earths producer, announced Thursday that it and its North American subsidiaries have filed for Chapter 11 bankruptcy.
China is consolidating its rare earths industry, and with more centralization could come better control over export quotas and smuggling, potentially leading to tighter supply and higher prices.
2014 should be a better year for rare earth prices, as demand picks up and supplies tighten.
NioCorp Developments Ltd. (TSXV:NB,OTCQX:QREDF,FWB:BR3) announced the appointment of Mr. Mark A. Smith as CEO and a director of the Company.
The US rare earths producer blamed disappointing results on poor prices and a lack of buyers.
The USGS recently determined the United States is sitting on a sizable untapped reserve of rare earth reserves in the west part of the country. New extraction techniques will allow companies to access this rare earth in old mine tailings.
But they are more likely to be pathfinder elements that indicate other minerals than stand-alone REE deposits, according to the Wyoming State Geological Survey.
The Market Vectors Rare Earth/Strategic Metals ETF has gained 10 percent in the last four weeks.
Mining Weekly reported that Molycorp reported a $50.1 million quarterly loss, blaming higher costs.
As quoted in the Mining Weekly report:
A Russian tycoon is spearheading a $1-billion joint venture to develop the massive Tomtor REE deposit in the Russian Far East.
Rare Earth Investing News spoke with Jim Powell, vice president of corporate development at Tasman Metals, to find out how his company’s rare earth projects are progressing and to gauge his opinions on current rare earth prices and the market in general.
A recently released study that shows that the US is tied with Papua New Guinea as having the longest approval process among the 25 top mining countries in the world.
Rare Earth investing News caught up Marc LeVier, the new CEO of Great Western Minerals Group, to find out more about the company’s plans and progress towards becoming a fully integrated rare earth producer.
Rumors are rife that Molycorp’s recent fall below its net asset value might very well turn the high-potential firm into a prime takeover target.
