Rare Earth Elements

HenryTo · Posted: Thu Jun 16, 2011 10:29 pm Post subject: Rare Earth Elements

Prices of REEs doubled again over the last two weeks:

http://www.bloomberg.com/news/2011-06-17/rare-earth-prices-double-on-china-industrial-minerals.html

HenryTo · Posted: Fri Mar 09, 2012 3:47 pm Post subject:

Molycorp pops 20% today.

http://www.ft.com/intl/cms/s/0/96d95eee-6a09-11e1-a26e-00144feabdc0.html#axzz1oet9PTVm

HenryTo · Posted: Thu Sep 29, 2011 8:40 pm Post subject:

Prices of rare earths continue to decline as auto manufacturers find substitutes, and as new mines come online over the next several years:

http://www.bloomberg.com/news/2011-09-28/rare-earths-fall-as-toyota-develops-alternatives-commodities.html

rffrydr · Posted: Fri Jun 17, 2011 5:42 pm Post subject:

Lithium is not a fossil fuel--it doesn't burn. It doesn't burn out. Lightest of metals, it gets recycled. If all the wanna-be producers come to fruition we'll have at worst a cartel of Alcoas.

On the demand side it's going to be long long time before china produces a "clean" electric car--better name "coal tar car." CA is now mandating 5% (~80,000 vehicles)--more cars than all hybrids sold here currently. That's with the (critical) car pool exclusion. You can mandate sellers but not buyers. .....But gotta start somewhere, I suppose.
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