Rare metal prices could be poised for a bounce, helped by strong demand from major customers and renewed investor interest.
Articles Tagged "Lynas Corporation"
The Market Vectors Rare Earth/Strategic Metals ETF has gained 10 percent in the last four weeks.
A Russian tycoon is spearheading a $1-billion joint venture to develop the massive Tomtor REE deposit in the Russian Far East.
Rare Earth Investing News spoke with Jim Powell, vice president of corporate development at Tasman Metals, to find out how his company's rare earth projects are progressing and to gauge his opinions on current rare earth prices and the market in general.
The Australia-based rare earth miner projects that rare earth demand will grow at above-GDP rates over the medium term, driven by increases in demand from key sectors.
Lynas Corporation is facing a moment of truth over its controversial Malaysian processing plant as locals prepare to go to the polls in what is being hailed as the most closely contested election in the country’s history.
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.
Lynas Corporation Ltd. (ASX:LYC) announced that effective March 31, 2012, its current CEO, Nicholas Curtis, will be replaced by Eric Noyrez. The company's press release notes that the replacement was planned and reflects Lynas' shift from development to production.
While China's Rare Earths Global announced that it will not meet its 2012 profit expectations, Lynas Corporation and Great Western Minerals both put out good news this past week.
As China implements measures aimed at jumpstarting the REE market, investors are thinking outside of the box regarding where the next viable project will be — and Australia is a prime focus.