Articles Tagged "mineral fields group"

Japan budgets $650 mln for rare earths, resources

Reuters reports that Japan’s government has set aside 53.3 billion yen ($650 million) in its budget for the financial year starting in April . The market news is quoted as saying: Trade Minister Akihiro Ohata said on Wednesday he wants to visit China as early as this month to talk to officials there to secure [...]

Shares of rare earth element metal miner Molycorp soared

Forbes.com reports shares of rare earth element metal miner Molycorp soared Monday after an analyst at Dahlman Rose & Co raised the price target to $85 from $49.