Dirty, Dangerous and Destructive – The Elements of a Technology Boom
The Guardian reported on the environmental consequences of increased dependence on rare earth elements.
The Guardian reported on the environmental consequences of increased dependence on rare earth elements.
Shares of rare earth firms have taken a serious hit this week. The fall came as a result of J.P. Morgan downgrading shares of Molycorp to a neutral rating. However, the fundamentals of the market have not changed, and prices for the elements are still up for the year.
Wealth Daily reported on the increase in the price of light bulbs due to the rising value of rare earths.
Medallion Resources Ltd (CVE:MDL) announced that it would focus on its new strategy of acquiring existing rare-earth-bearing monazite resources.
Business Insider reported on how China's stranglehold on rare earths has affected the price of light bulbs.
BBC News reported that the British Geological Survey has published a list of 52 elements deemed to be at risk of supply disruption.
Canadian International Minerals Inc (CVE:CIN) announced that mineralized carbonatite and related alkaline rocks in significant intercepts have been intersected in the 2011 Phase I diamond drilling program on the Carbo rare earth element property.
Newelectronics reported on the importance of rare earths to electronics manufacturing.
The Chinese government has repeatedly vowed to shut down the illicit rare earth mining operations, however, the task is proving to be difficult to achieve. This has begged the question of how illegal and clandestine these rare earth operations truly are.
As the trend of tight supply in the rare earth market persists, high prices with seemingly no end in sight have have forced some companies to relocate to China, suspend or even halt production.
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