Article Directory

What’s Going On With NioCorp Developments?

Certainly, NioCorp Developments has been a darling in the mining space as of late. However, ever since the company announced the much-anticipated results of its preliminary economic assessment (PEA) for Elk Creek on April 13, the company's share price hasn't been doing so well. NioCorp's stock dropped about 23 percent on April 13, and has lost about 49 percent, or 75 cents overall, since that date.

Molycorp Takes a Hit Following Q1 Results Release

The company incurred a net loss of $102 million, or $0.42 per share, for Q1. Meanwhile, it's facing delisting from the NYSE and is concerned about repaying convertible notes maturing in June. Overall, if Molycorp is "unable to execute [its] business plan and restructure [its] debt, [it] may not be able to continue."

China to Eliminate Rare Earth Export Tariffs

On Thursday, China's Ministry of Finance confirmed plans to eliminate export tariffs on rare earths, tungsten and molybdenum, effective May 1, 2015. According to Shanghai Metals Market, China previously imposed export duties of 15 to 25 percent on rare earth products.

Molycorp Gains 77 Percent on Siemens Supply Deal

Shares of Molycorp jumped Wednesday on news that the company has secured a 10-year rare earths supply deal with Siemens. Under the terms of the agreement, Molycorp will supply rare earth materials to Shin-Etsu Chemical, which will produce rare earth magnets for Siemens to use in its high-efficiency, direct-drive wind turbines.

A New Use for Cerium?

In terms of rare earths, cerium is certainly oversupplied. However, the US Department of Energy's Critical Materials Institute is aiming to change the metal's fortune by finding new uses for the material.

5 Top Rare Earth Stories for Q1 2015

Here's a look at some of the top stories from Rare Earth Investing News from the first quarter of the year. On the list are market commentaries from analysts, a look at companies that attended PDAC and an article on recent discoveries in the sector.