Reuters  Oct 3  Comment 
Iamgold Corp said it would sell its Niobec rare earths mine in Quebec to a group of companies led by Magris Resources Inc for $500 million in cash, to focus on its core gold mining...
WA Business News  Sep 30  Comment 
Peak Resources has secured a $28.6 million funding deal with mining and metals equity investor Appian Natural Resources Fund, to assist in financing a bankable feasibility study at its Ngualla rare earth project in Tanzania.
WA Business News  Sep 24  Comment 
Troubled rare earths miner Lynas Corporation has placed its shares in a trading halt as it prepares to reveal details of a new funding deal.
DailyFinance  Sep 23  Comment 
CALGARY, ALBERTA -- (Marketwired) -- 09/23/14 -- Mkango Resources Ltd. (TSX VENTURE:MKA) (the "Corporation" or "Mkango") is pleased to announce the results of the Pre-feasibility Study for the Songwe Hill Rare Earth Project: - Pre-feasibility...
DailyFinance  Sep 22  Comment 
Three weeks on from the restoration of trading in the Company's shares, Worthington is pleased to be able to report that progress is being made on all fronts. The Company can confirm that work in the field has begun in...
SeekingAlpha  Sep 19  Comment 
By Ben Kramer-Miller: *Investors are encouraged to read my interview with Texas Rare Earth Resources' Chairman Anthony Marchese. Since a lot of the basic information regarding the company's Round Top Project can be found there I find it...
Clusterstock  Sep 16  Comment 
Shares of rare earth mining company Molycorp are down more than 70% in 2014. But the decline of Molycorp began quickly and brutally in 2011.  Molycorp went public in July 2010 at $14 per share, right as the price of rare earth minerals...
SeekingAlpha  Sep 10  Comment 
By Buffett Contrarian: Molycorp, Inc. (NYSE:MCP) and other rare earth elements (NYSEMKT:REE) miners such as Lynas, Corp. (OTCPK:LYSCF) are near their all time low price. This is the result of falling REE prices. China is doing several things that...
SeekingAlpha  Sep 9  Comment 
By Ben Kramer-Miller: Great Western Minerals (OTCQX:GWMGF) just announced (available on Sedar) that it would allow its memorandum of understanding (MOU) with an unnamed REE separation company to expire. This agreement, which was set up in April,...
DailyFinance  Sep 8  Comment 
Rare Element Resources Ltd. (the “Company”)(NYSE MKT: REE and TSX: RES), a mineral resource company advancing development of the Bear Lodge Critical Rare Earth Project (the “Project”) located in northeast Wyoming, is...


For more information on China's dominance of the global rare earth market, click here. Rare earth metals are a group of 17 elements with similar chemical structures with distinct properties. They are used in a wide range of electronic items and in fluorescent bulbs. Hybrid vehicles also use various rare earth metals. The growing demand from these industries is boosting the market for rare earth metals.

According to Transparency Market Research Report "Rare Earth Metals Market - Global Industry Analysis, Size, Share, Trends and Forecast, 2012-2018" ( The global demand for rare earths was estimated to be over 140 kilo tons in 2010 and is expected to grow at a CAGR ranging from 10% to 10.5% from 2012 to 2018. The mechanical and metallurgical industry is the leading consumer of rare earth metals and accounts for approximately 32% of the total rare earth metals consumed in various markets. The mechanical and metallurgical industry is followed by glass and ceramics, chemical, energy and electronics, optics, and optoelectronics industries. Energy is expected to be the fastest growing segment for rare earths at a CAGR of over 17% from 2012 to 2018.

The market is primarily driven by the technological advancements in electronics and automobile industries which influence the usage of rare earth metals. However, the growing concerns regarding the impact of production, refining and recycling of rare earth metals on the environment are expected to hinder the market.

China is the leading supplier of rare earth metals and accounts for approximately 95% of the global production. In 2010, the Chinese government restricted the export of rare earth metals to 40% in order to gain the price advantage as the global prices surged to a record level following this announcement from the Chinese government. However, this gave other producers around the globe a chance to boost their production. In the twentieth century, U.S., India, Brazil, and South Africa were among the top producers of rare earth metals until China, in 1980, decided to heavily increase its production and became the leading producer of rare earth metals.

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