Rare Earth Market News Directory

Increasing Doubts about North Korea’s Huge Rare Earths Deposit

Australian Mining reported that a supposedly massive rare earths deposit discovered in North Korea in 2013 is being doubted. The deposit was discovered by a joint venture between SRE Minerals and state owned Korea Natural Resources Trading Company, with early reports stating that had the potential to hold reserves 6 times as large as those in China.

US Rare Earths Consumption Up in 2014

Mining Weekly reported that the US Geological Survey (USGS) has revealed that lower rare earths prices and increased availability of rare earths compounds led to increased US consumption in 2014.

Rare Earth ETF Dips on Potentially Rising Supply

ETF Trends reported that the Market Vectors Rare Earth/Strategic Minerals ETF (NYSEARCA:REMX) fell 1.7 percent on Monday, likely due to a possibility of rising supply from China following the country's decision to abolish its rare earth export quotas.

More Consolidation of Chinese Rare Earths Producers

China Tibet online reported that in the most recent developments regarding consolidation of the rare earths industry in China, Baogang Rare Earth Group announced it would change its name to China North Rare Earth Group Co. Ltd after making "significant progress" merging with five smaller companies in north China's Inner Mongolia Autonomous Region and Gansu Province.