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.
Rare earth investors who have been following the market for a few years are likely familiar with Stans Energy, a Canadian junior resource company that wholly owns the Kutessay II heavy rare earths project in Kyrgyzstan.
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.
Some experts see the December 2013 execution of Jang Sung-taek, uncle of Kim Jong-un, North Korea's supreme leader, as a move that may halt the exploitation of the nation's rare earth elements.
Xinhuanet reported that in the first quarter of 2014, Inner Mongolia Baotou Steel Rare-Earth Group Hi-Tech Co. Ltd.'s (SSE:600111) net profit sunk 71.71 percent from the year-ago period, hitting US$11.26 million.
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.
Quest Rare Minerals Ltd. (TSX:QRM,NYSEMKT:QRM) released a preliminary economic assessment (PEA) based on a revised development plan for its Strange Lake rare earth project.
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.
Matamec Explorations Inc. (TSXV:MAT) Director of IR, Edward Miller, spoke to spoke to Resource Investing News about rare earths in Quebec and their relationship with Toyota.
Tasman Metals Ltd. (TSXV:TSM) President & CEO, Mark Saxon, on the Company's flagship project in Sweden, the Norra Karr Heavy Rare Earth Element Project.
Mkango Resources Ltd. (TSXV:MKA) Corporate Communications Manager Ashlee Utterback spoke with Resource Investing News about working in the Republic of Malawi.
Medallion Resources Ltd. (TSXV:MDL) President, Don Lay, spoke with Resource Investing News on how Medallion is currently looking to set up an independent processing plant in the Middle East.
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.
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.
Want China Times reported that on March 28, the Baotou Rare Earth Products Exchange, the first rare earth products exchange in China, opened in Inner Mongolia.
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.