Japan Strives to Slash Consumption of Heavy Rare Earths
Reuters reported that Japan is working to reduce its consumption of heavy rare earths.
Reuters reported that Japan is working to reduce its consumption of heavy rare earths.
China has announced its export quota for rare earths for the first half of 2012. The quota is the first increase in six years.
With rare earth prices falling alongside company share prices many rare earth companies are highlighting their heavy rare earth deposits which are of higher value.
Avalon CEO Don Bubar expressed his confidence that Avalon could emerge as the “go-to” source for heavy rare earth elements outside of China at an industry event in Hong Kong on November 11.
One of the best known names in the rare earth market, Molycorp, is stealing the headlines yet again with the announcement of heavy rare earth element (HREE) deposits surrounding the company’s Mt. Pass mine in California. Rare earth analysts are questioning the timing of the announcement amidst falling share prices.
Get our independent commentary on rare earth trends and companies delivered to your inbox.