Articles Tagged "Molycorp"

Jon Hykawy Talks Illegal Mining and Rare Earth Export Quotas

To get more insight into what recent developments could mean for the rare earths sector, Rare Earth Investing News spoke with Jon Hykawy, president and director of Stormcrow Capital. He provided some interesting information for investors focused on the rare earths space, and overall is hopeful that things could be looking up for the sector.

China’s Weakening Hold on the Global Rare Earths Market

China was once responsible for over 90 percent of global rare earths production, allowing it to restrict exports and manipulate prices. However, following a WTO ruling against that practice earlier this year and moves to crack down on illegal mining, China's share of global rare earths production could be dropping.

Rare Earths Producers Still Beholden to Chinese Supply

In an article for Tradingfloor.com, Adam Courtenay suggests that the performance of rare earths producers such as Australia's Lynas Corp (ASX:LYC) and Molycorp (NYSE:MCP) is still tied to how much rare earths supply China releases into the market. However, the author saw things looking up overall for producers outside of China.