Japan Times reports that trade statistics have revealed the country's import of rare earth minerals from China surged by more than 50 percent in the January-November period last year from the same period in 2009.
Pacific Wildcat Resources Corp. (CVE:PAW) announces the closing of the non brokered private placement as previously announced on January 11, 2011.
Reuters reports that Molycorp (MCP.N) plans to sell up to $500 million of their holdings in the U.S. rare-earth producer and approves a second phase of expansion of the California mine.
Great Western Minerals Group Ltd. (CVE:GWG) acquires 70.2% of all outstanding shares of Rare Earth Extraction Co. Limited.
Market Jigsaw Puzzle Blog reports that China has further tightened the rare earth noose as it has invoked a seldom-used mining law to take direct control of 11 rare earth mining districts in southern China.
Bloomberg reports that exports of rare earths from China fell by 9.3 percent last year as the government tightened domestic mining to curb pollution.
Tech Metal Research reports that future role in the global rare-earth trade will be under scrutiny at a Critical Materials investment conference.
AFP reports that China has brought 11 rare earth mines under state control as Beijing consolidates the industry.
Dacha Strategic Metals Inc. (CVE:DSM) reports its estimated net asset value at December 31, 2010 was CDN$0.45 per share based on 73.1 million shares outstanding.
Bloomberg reports that Beryllium finds use in telecom equipment/computers, automotive electronics, aerospace and defense, and industrial components markets.
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