Honda Announces World’s First Mass-Production REE Recycling Process
Automobile manufacturer Honda has developed what is being hailed as the world's first mass-production rare earth recycling process.
Automobile manufacturer Honda has developed what is being hailed as the world's first mass-production rare earth recycling process.
In light of China's limitation on rare earth exports, companies such as Toyota are doing everything within their power to decrease their reliance on rare earth elements.
The biggest rare earths miner outside of China survived a tough Q4 to post strong 2011 results, and could be on track to hit its targets in 2012.
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.
Shares of rare earth firms have taken a serious hit this week. The fall came as a result of J.P. Morgan downgrading shares of Molycorp to a neutral rating. However, the fundamentals of the market have not changed, and prices for the elements are still up for the year.
July was an important month for the rare earth market. In perhaps the most significant news of the year, China released the rare earth export quota for the second half of 2011, sending the market into a frenzy yet again. Other top headlines included the continuing rise of rare earth prices, and the alleged Japanese discovery of rare earth deposits on the floor of the Pacific Ocean.
With China dominating 97 percent of the world's rare earth production and imposing export quotas in recent months, a global rush to find alternative sources for the elements is generating a widespread concern. An economic interdependence of nations and companies across classification sectors is also of special importance and has been creating interesting opportunities which may be worth noting and observing for all resource investors.
Another major development furthers China’s grip on the rare earth market. The creation of a rare earth exchange in Inner Mongolia gives Chinese rare earth producers more leverage in price negotiations. Chinese officials also stated publicly their desire to consolidate rare earth mining firms.
Get our independent commentary on rare earth trends and companies delivered to your inbox.