Lynas Fights Back Against Rare Earth Plant Criticism
Following months of negative media exposure, Lynas Corporation is fighting back against what it calls unfounded criticism.
Following months of negative media exposure, Lynas Corporation is fighting back against what it calls unfounded criticism.
With China dominating rare earth headlines, investors are now looking elsewhere in a bid to lock down resources in a clearly monopolized market. Advanced infrastructure and a thriving mining sector have led to increased investor attention being focused on Australia.
Companies looking to break China’s hold on the sector ride out a rollercoaster year for rare earth prices
Slumping rare earth prices batter big names in the rare earths sectors.
Technology Metals Research founder Jack Lifton stirs up debate with bleak outlook for rare earth miners outside of China.
Molycorp announced plans for an accelerated start-up of its new Mountain Pass processing plant, while Lynas suffers a setback in its quest for an import license from the Malaysian government.
As China halts production at 3 mines and the EU is revealed to be stockpiling rare earths, analysts expect more of the same for Q4 of 2011 – high prices and tight supply.
Canadian companies make a strong showing in Gareth Hatch’s new REE report – “Critical Rare Earths”.
After Molycorp posted a Q1 loss, missing analysts’ expectations, ripples were felt through the rare earth mining sector. Are the investors that rushed to this market willing to wait for these companies to produce on their deposits, generating revenue, or are they looking for a quick buck?
The production of rare earth oxides creates radioactive waste in the form of thorium. This material is considered a liability in the processing of rare earths. However, science is quickly developing ways to use the material as nuclear fuel, either in next generation nuclear facilities, or as a substitute to uranium. There are many benefits to switching to thorium as the main fuel for nuclear power.
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