Prices may be on the move for rare earth elements as China restricts export quotas by 72 percent. Controlling 95 percent of the world market, the drastic reduction to exports will choke the supply of the materials for world consumption. Also, the Chinese are considering making a transparent, negotiation based pricing system.
Continue reading "China to Initiate Changes to Rare Earth Market"
Tuesday, June 1, 2010
Friday, The House of Representatives approved the National Defense Authorization Act, which outlines the US Department of Defense’s (DoD) budget and expenditures. Included in the Act was an amendment to formulate a plan to establish a domestic source of rare earth element neodymium.
Continue reading "Neodymium’s Strategic Importance Gets Traction With US Congress"
Wednesday, February 10, 2010
It looks like the United States has finally decided to try and break China's grip on the supply of Rare Earth Elements after global concerns were raised of the Red country's monopoly.
Continue reading "US Gets Moving On Rare Earths"
Wednesday, January 27, 2010
Europe has finally acknowledged that there is a serious problem in the rare earths sphere. But what can it do to tackle it? Analysts are divided in their opinion.
Continue reading "Europe Wakes Up To REE Concern"
For upcoming diamond investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
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Monday, July 12, 2010