Companies Gain Following Rare Earths Report on 60 Minutes

Companies Gain Following Rare Earths Report on 60 Minutes

It isn't every day that rare earths are featured in the mainstream media, but this week they made an appearance on "60 Minutes." The rare earths sector was on the rise on Monday following the report, which looked at the rise of China's dominance in the industry and the importance of rare earths in modern technology.

Read More Feature Articles

 

Videos

Ryan Castilloux: Magnet Rare Earths Prices Moving Higher on Increased Demand

At PDAC, Ryan Castilloux of Adamas Intelligence took a few minutes to share his thoughts on the rare earths market in 2015. Overall, he sees prices increasing for several heavy rare earths used in magnets on the back of increased demand from rare earths magnet manufacturers.

Ucore’s Ken Collison: MRT to ‘Revolutionize the Rare Earth Business’

At PDAC, Resource Investing News spoke with Ucore COO Ken Collison to get more insight into the company's latest news. This week, the company reported the success of IBC's MRT technology for the separation of rare earth elements, and also secured exclusive rights to the technology for $2.9 million.

Company News

Stans Energy Announces $2 Million Private Placement

Stans Energy (TSXV:HRE) is proposing a non-brokered private placement of up to C$2 million. The shares will be sold on a best efforts basis. Proceeds of the placement will be used to fund the company's legal costs for collection of US$118 million from the Kyrgyz Government.

Molycorp Falls 17 Percent After Release of Q4 Results

Shares of Molycorp (NYSE:MCP) dipped over 17 percent in after hours trading on Monday, hitting $0.61 by 7 pm EST. The company released its fourth quarter and full year results for 2014, and is planning to hold a conference call regarding the results on Tuesday March 17 at 9:00 a.m. EST.

Read More Company News

Company Videos

Market News

US Rare Earths Consumption Up in 2014

Mining Weekly reported that the US Geological Survey (USGS) has revealed that lower rare earths prices and increased availability of rare earths compounds led to increased US consumption in 2014.

Read More Market News

Authors


See all Authors