The rare earth junior stands to benefit from the new law, which seeks to stockpile critical metals and reduce delays in permitting new mines.
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.
Stans Energy rose 14 percent on Friday after a court ruled in its favor over a challenge to its exploration license.
Rare metal prices could be poised for a bounce, helped by strong demand from major customers and renewed investor interest.
Japan's improving economy is boosting demand for rare metals.
The Market Vectors Rare Earth/Strategic Metals ETF has gained 10 percent in the last four weeks.
Reunited and it feels so good: Molycorp investors have once again embraced the stock, but the love affair could be shortlived.
A Russian tycoon is spearheading a $1-billion joint venture to develop the massive Tomtor REE deposit in the Russian Far East.
Luisa Moreno: Brace Yourself for Three More Years of Heavy Rare Earth Shortages - The Metals Report (4/30/13) - Rare earth elements are a crucial component of our everyday lives, but many of the companies unearthing them are still learning to navigate the supply chain. Those that can master the dance of metallurgy and end-user relationships will find success, says Luisa Moreno, a senior research analyst with Euro Pacific in Toronto. In this interview with The Metals Report, Moreno updates us on which miners are making the most progress.
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.