Increased Chinese Stockpiling Could Push REE Prices Up

Increased Chinese Stockpiling Could Push REE Prices Up

China's State Reserve Bureau reportedly plans to move forward with a new round of REE stockpiling and may also move to build up its REE export controls. Some analysts believe REE prices are set to rise as a result.

WTO Names China the Loser in REE Export Quota Dispute

In a decision that's been two years in the making, the World Trade Organization yesterday announced that China's export restrictions on rare earth elements, molybdenum and tungsten violate global trade rules.

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Geomega Resources Inc. Closes $3,315,000 Brokered Private Placement

Geomega Resources Inc. Closes $3,315,000 Brokered Private Placement

Geomega Resources Inc. (TSXV:GMA) announced the final closing of a brokered private placement with Industrial Alliance Securities Inc. acting as agent consisting of 1,796,000 units at a subscription price of $0.60 per unit for gross proceeds of $1,077,600. The total gross proceeds are $3,315,000 including the first tranche of the private placement.

Orbite Aluminae Provides Financing Update

Orbite Aluminae Inc. (TSX:ORT,OTCQX:EORBF), a cleantech company currently commercializing its high-purity alumina process, released a general update on previously announced financing activities.

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China to Appeal WTO Ruling on REE Exports

The Wall Street Journal reported that China's Ministry of Commerce today plans to appeal the World Trade Organization's (WTO) ruling that the country's rare earth element (REE) export restrictions are in violation of global rules.

REE Recycling a Challenge, but Solutions Exist

Ensia's Jessica Marshall yesterday published an article on the difficulties of recycling rare earth elements (REEs), commenting that one issue is that it's becoming more and more difficult to get batteries — perhaps "the biggest single target for recycling" — out of electronics.

“Upgrade Mentality” Contributing to Scarcity of Rare Earths

The Guardian reported yesterday that the current "upgrade mentality," which spurs consumers to "replace perfectly good IT solutions or devices with new technology," is increasing the likelihood of a rare earths shortage.

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