Lynas’ new rare earths facility in Malaysia will have the capacity to supply two-thirds of current demand outside of China within the next few years, and along with other projects close to production could crowd many junior miners out of the market.
Three North American rare earth elements miners that are looking to take advantage of being first-movers in the sector.
The first rare earth element property in Central Europe is being developed by Deutsche Rohstoff AG. The promising deposit will undoubtedly be welcomed by the German industry.
China made slight changes to its annual export quotas for the year, however, stability in the rare earths sector in 2012 is far from certain after the market volatility of 2011.
Companies looking to break China’s hold on the sector ride out a rollercoaster year for rare earth prices
China has announced its export quota for rare earths for the first half of 2012. The quota is the first increase in six years.
A PwC report addressing concerns from manufacturers over the supply of key metals has been widely misinterpreted as suggesting the potential scarcity of rare earths is a ‘ticking timebomb.’
Weak rare earth prices have been prevalent in the second half of 2011. However, the unwillingness of some producers to make further reductions to rare earth prices has garnered some stability of late.
Slumping rare earth prices batter big names in the rare earths sectors.
With rare earth prices falling alongside company share prices many rare earth companies are highlighting their heavy rare earth deposits which are of higher value.
Tuesday, February 7, 2012