Articles Tagged "export quotas"

Molycorp Shares Fall Starting Chain Reaction

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.

Rare Earth Elements Monthly Recap: July

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.

Industry Secures Lithium and Rare Earth Supply

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.

China Shakes Up Rare Earth Industry

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.