Wed, Oct 22, 2014, 6:28 AM EDT - U.S. Markets open in 3 hrs 2 mins

Recent

% | $
Quotes you view appear here for quick access.

Rare Element Resources Ltd. Message Board

  • valueseeker890 valueseeker890 Mar 31, 2011 4:16 PM Flag

    Current rare earth prices driven up by speculatiors

    "Judging from years of experience since I've been in the
    rare earth industry, such buyers are not our real downstream clients, but speculators who are hoarding the materials for profiteering purpose," he said.

    "Speculators bought all rare materials available on the market, regardless of their prices," said an executive of a large rare earth company in the city of Ganzhou, east China's Jiangxi Province.


    xinhuanet.com/english2010/business/2011-03/30/c_13805 586.htm

    That means that the current speculative bubble in rare earth prices will collapse, since it is not based on final demand.

    Once MCP and Lynas produce, their production is higher than total market demand outside China.

    So to whom is REE going to sell?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
REE
0.640.00(-0.31%)Oct 21 4:01 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.