Rare Earth Market News Directory

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.

USGS says Countries in Need of Non-Chinese REE Supply

A recent report from the US Geological Society has reiterated the importance of finding rare earth element supplies outside of China, especially for countries dependent on new technologies. According to Mineweb, countries such as Japan, the US and members of the European Union are trying to encourage the discovery and development of rare earth deposits outside of China.

Further Consolidation Expected in China’s Rare Earth Industry

Three companies are planning to further consolidate the rare earth industries this week, according to China Daily. The Ministry of Industry and Information Technology in China released the news at a rare earth forum held in Xiamen city October 23.