Japanese Demand Pushes up Chinese Rare Earth Exports
The International Business Times reported that China's rare earth exports went up in April, lifted by buyers taking advantage of low prices, as well as an increase in demand from Japan.
The International Business Times reported that China's rare earth exports went up in April, lifted by buyers taking advantage of low prices, as well as an increase in demand from Japan.
A Russian tycoon is spearheading a $1-billion joint venture to develop the massive Tomtor REE deposit in the Russian Far East.
Reuters reported that despite aggressive measures taken by China to curb the problem, illegal rare earth production and smuggling still plague the industry.
The newly founded entity will be the only prospector active in Ganzhou and will be involved in rare earth mining, smelting, processing and trading.
Scientists have confirmed the discovery of a “huge” new rare earth deposit on the Pacific seabed that can be mined at low cost while producing material that is 20 to 30 times more concentrated than the product currently being mined in China.
Not everyone is in favor of the US Department of Defense's recommendation that the US stockpile $120.43 million worth of heavy rare earths.
Rare Earth Investing News spoke with Daniel McGroarty, president of US Rare Earths, to find out what his company's plans are as well as how he views the market as a whole.
The latest prices, news and events from across the global rare earths market.
Greenland's premier has confirmed that he will not favor the EU over China, or any other investor, when granting access to the country's prized rare earth deposits.
The International Business Times reported that Chinese actual rare earth shipments pulled back in 2012 by 3.5 percent.
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