Rare Earth Stocks Volatile as Demand Shows Signs of Slowing
The Bedford Report Provides Equity Research on Rare Element Resources & Quest Rare Minerals
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 01/04/12 -- Rare earth demand took a sizeable hit in the late stages of 2011, causing uncertainty heading into the New Year. According to reports from Forbes, low demand during 2011 was caused by "high rare earths prices from both heavy and light rare earths metals, which despite their fluttering prices, remain historically high." The Bedford Report examines investing opportunities in the Rare Earth Industry and provides equity research on Rare Element Resources Ltd. (NYSE Amex: REE) (TSX: RES) and Quest Rare Minerals Ltd. (NYSE Amex: QRM) (TSX VENTURE: QRM). Access to the full company reports can be found at:
Last week The Chinese Ministry of Commerce announced its rare earth export quota for the first half of 2012. The ministry says that it will keep 2012 overseas sales quotas practically unchanged after exporters used only half the amount allotted for this year as buyers sought to cut usage and amid complaints over restrictions from trading partners.
Separately, the Ministry announced its decision to classify rare earth minerals into two categories: heavy and light rare earths. The change -- which was anticipated by analysts -- may prove to be a positive step for end users as the two groups have vastly different demand levels, Rare Earth Investing News reports.
The Bedford Report releases regular market updates on the rare earth industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
Last week, JPMorgan Chase & Co warned that rare earth prices could possibly remain low this year given China's pronouncement and expected higher production from Molycorp Inc. and other rare earth producers.
Rare Element Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in the United States and Canada. It focuses on gold and rare-earth-elements (REE). On December 05, Rare Element Resources announced that its 2011 seasonal exploration and drilling program has concluded at its Bear Lodge property, located in northeast Wyoming.
Quest Rare Minerals Ltd. engages in the identification and discovery of rare earth deposits in Canada. The company's primary properties include the Strange Lake that covers an area of 54,000 hectares and is located to the northeast of Schefferville, Quebec.
The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: .
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Datum: 04.01.2012 - 13:16 Uhr
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