Rare earth prices have jumped again, up nine fold from a year ago. The news of the increase in price also come at the same time that a new tax is levied on heavy and light rare earths differently, setting the stage for a potential change to export policy.
Medallion Resources Ltd. reports that it has added 2 additional mineral licences to its existing Red Wine heavy-rare-earth-element exploration property. These new mineral licenses cover important key areas of the well-known northern Red Wine peralkaline intrusion, which is known to contain eudialyte, a mineral widely expected by experts to eventually supply a significant portion of the world’s heavy-REE [...]
Get our independent commentary on rare earth trends and companies delivered to your inbox.
