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.
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.
Despite a two-year campaign to stamp out illegal rare earth mining in China, smuggling is still widespread in the country, which has a monopoly on the rare metals.
China is consolidating its rare earths industry, and with more centralization could come better control over export quotas and smuggling, potentially leading to tighter supply and higher prices.
Second in a series about rare earth companies and projects in Canada, this article focuses on Western Canada and the Northwest Territories.