New Sources of Rare Earths Outside of China Continue to Put Pressure on Prices
Five Star Equities Provides Stock Research on Quest Rare Minerals and Ucore Rare Metals
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 02/27/13 -- The Rare Earths Industry has struggled this past year as a flood of new production and reserves from outside China has seen prices significantly drop from their highs in 2011. The Market Vectors Rare Earth/Strategic Metals ETF (REMX) has fallen 7.5 percent year-to-date, and over 30 percent in the past year. Five Star Equities examines the outlook for companies in the Rare Earths Industry and provides equity research on Quest Rare Minerals Ltd. (NYSE: QRM) (TSX: QRM) and Ucore Rare Metals Inc. (PINKSHEETS: UURAF) (TSX VENTURE: UCU).
Access to the full company reports can be found at:
The federal government has recently approved U.S.-based Rare Earths Inc.'s request to drill for rare earth minerals along the Idaho/Montana border. Rare Earths is a mineral exploration company that holds over 12,000 acres of mining claims for rare-earth elements in Colorado, Idaho and Montana. Additionally, Ucore Rare Metals Inc. plans to commence production from their Alaskan Bokan project by 2016.
According to Rare Earth Investing News, citing a Metal Pages report, the Russian Government has recently passed a $4.87 billion REE and rare metals production investment program. By 2020, Russia hopes to enter the global rare earth market.
Five Star Equities releases regular market updates on the Rare Earths 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.
Quest Rare Minerals is a Canadian-based, exploration company focused on the identification and discovery of new world-class Rare Earth deposit opportunities. The company expects to deliver the pre-feasibility study for its Strange Lake Project within six months. The Strange Lake property covers an area of 54,000 hectares.
Ucore's primary focus is the 100% owned Bokan - Dotson Ridge REE property in Alaska. The Bokan - Dotson ridge REE project is located 60 km southwest of Ketchikan, Alaska and 140 km northwest of Prince Rupert, British Columbia and has direct ocean access to the western seaboard and the Pacific Rim, a significant advantage in developing near term production facilities and limiting the capital costs associated with mine construction.
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:
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 27.02.2013 - 13:20 Uhr
Sprache: Deutsch
News-ID 233863
Anzahl Zeichen: 0
contact information:
Town:
NEW YORK, NY
Kategorie:
Investment Services & Trading
Diese Pressemitteilung wurde bisher 210 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"New Sources of Rare Earths Outside of China Continue to Put Pressure on Prices"
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).
