Old 09-18-2013, 07:06 AM
Sparty Sparty is offline
Join Date: Mar 2009
Posts: 1,128
Default Rare earths prices could jump

"Beijing has allocated 10 billion yuan (US$1.6 billion) for the acquisition plan"

The development immediately fired up the enthusiasm among the shareholders of Australian rare earths mining companies including Greenland Mining and Minerals (ASX: GGG), Hastings Rare Metals (ASX: HAS), Peak Resources (ASX: PEK) and Alkane Resources (ASX: ALK), as well as other global rare earths miners such as Molycorp, Rare Element Resources and Avalon Rare Metals."

Prices could jump if rumour of Chinese rare earths buying is true
Creamer Media's Mining Weekly
TORONTO ( ? Rare earths prices could jump if a rumour that China's State Reserve Bureau (SRB) plans to start buying these critical metals ...
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China sets caps for rare earths exploration SteelGuru
China is the world's largest rare earth supplier even though its holds only 23% of global reserves. Decades of excessive exploitation have damaged the ...
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China to set up rare earth conglomerate SteelGuru
Beijing has said that the country's rare earth industry which controls 95% of global ... Rare earth metals are used in the manufacture of high tech wares ranging ...
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Read about Australia's rare earth companies which hold around a third of the world's REEs both light and heavy.
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