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.
Christopher Ecclestone, principal of Hallgarten & Company, recently spoke with Rare Earth Investing News about the state of the rare earth market.
A recent rare earth discovery in North Korea shows that the country potentially hosts more rare earths than China.
The company says producing a mixed rare earth carbonate is a significant milestone en route to a feasibility study anticipated at the end of the first quarter.
Molycorp Inc. (NYSE:MCP) announced yesterday its financial and operating results for the fourth quarter of 2013 as well as for the year as a whole, commenting that for the entirety of 2013, its sales volume came to 13,118 metric tons, up 42 percent from the previous year.
Avalon Rare Metals Inc. (TSX:AVL, NYSE MKT:AVL) is pleased to announce that it has entered into an agreement with Solvay, where by Solvay will process Avalon's rare earth concentrate into pure rare earth oxides for an anticipated period of 10 years from the start of deliveries to Solvay's rare earth separation and refining plant located in La Rochelle, France.
Medallion Resources Ltd. (TSXV:MDL,OTCQX:MLLOF) provided an update on its operations. The Company’s current focus is on securing monazite feed for its proposed Oman facility, and continues to work with both Arab Mining Company and Takamul Investment Company to investigate the establishment and investment in a monazite-based rare-earth processing facility in the industrial city of Duqm, Oman.
Geomega Resources Inc. (TSXV:GMA) signed an engagement letter with Industrial Alliance Securities Inc. for a private placement of $3,015,000 consisting of 3,333,333 units at a subscription price of $0.60 per Unit and 1,450,000 flow-through shares, at a price of $0.70 per Flow-Through Share.
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.
Xinhuanet reported that according to a report from China's Ministry of Information and Technology, in 2013, the country's rare earth industry suffered a 28.1-percent drop in profits.
MetalMiner reported that Lynas Corporation Ltd. (ASX:LYC) believes that demand for lanthanum will rise by 4 percent annually until 2020. That optimism has led the company to sign several contracts that will see buyers pay higher prices for Lynas' material than for Chinese material.
Mineweb reported that Hallgarten & Company's Christopher Ecclestone is bullish on almost all rare earths, excluding lanthanum and cerium, which "really spoil the mix."
Canada is poised to break into the exploration of "critical rare earths" including heavy rare earth elements, the Calgary Herald reported.