China's Monopoly of the Rare Earth Market Could Be in Jeopardy
Five Star Equities Provides Stock Research on Molycorp and Rare Element Resources
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 06/18/12 -- China's stranglehold on the rare earth market has been a major problem for the U.S. as the elements are crucial for the manufacturing of popular high-tech products. China currently mines more that 95 percent of the world's rare earth supply, which allows them to manipulate price and availability to the U.S. markets. Five Star Equities examines the outlook for companies in the Rare Earth Industry and provides equity research on Molycorp, Inc. (NYSE: MCP) and Rare Element Resources Ltd. (NYSE: REE) (TSX: RES).
Access to the full company reports can be found at:
China's monopoly of the rare earth market could be in jeopardy as countries have invested significant money and resources into domestic rare earth projects. Technology Metals Research states that there are currently 35 rare earth projects outside of China, with Molycorp's Mountain Pass operation being the most mature. The Northeast Corridor of Canada is also home to several promising mines. According to a recent Forbes article it is possible that by 2020, 15-20 percent of the world's rare earth could be mined outside of China.
Five Star Equities releases regular market updates on companies in 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.
In 2011, Molycorp's three facilities (Mountain Pass, Silmet, and Metals & Alloys) produced over 3,500 metric tons of rare earth products, as measured in rare earth oxide (REO) equivalent. In 2012, their projected production will be between 8,000 and 10,000 metric tons REO. Project Phoenix, the expansion and modernization of their facilities at Mountain Pass, will transform the company's capabilities and dramatically increase the amount of rare earth materials available to the rest of the world.
Rare Element Resources' Bear Lodge Project has 100% interest in the Bear Lodge Property in Wyoming, USA, which contains one of the largest disseminated rare-earth element (REE) deposits in North America (US Geological Survey Professional Paper 1049D) as well as extensive gold occurrences. The Bear Lodge Project has high-grade light REE (LREE) and significant quantities of heavy REEs (HREEs), favorable metallurgy, outstanding infrastructure, and it is located in one of the world's best mining jurisdictions, recently globally ranked fourth by the Fraser Institute.
Five Star Equities 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. Five Star Equities 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:
Contact:
Five Star Equities
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 18.06.2012 - 12:20 Uhr
Sprache: Deutsch
News-ID 157264
Anzahl Zeichen: 0
contact information:
Town:
NEW YORK, NY
Kategorie:
Commercial & Investment Banking
Diese Pressemitteilung wurde bisher 174 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"China's Monopoly of the Rare Earth Market Could Be in Jeopardy"
steht unter der journalistisch-redaktionellen Verantwortung von
Five Star Equities (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
