Wed, Apr 16, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Index, Metals and Minerals more

Why August’s rare earths price index shot up

Posted on 09 August 2013

The monthly Rare Earths MMI took the biggest jump of any of the index readings, moving from a paltry 29 in July to 37 in August, on the back of big upward price movements for all 14 metals and oxides that comprise rare earth metals index.
Dudley Kingsnorth, a noted rare earth metals analyst, attributes the improved rare earth price levels to several factors including: rising demand for automation technology (and the rare earth metals that support it, such as: neodymium, dysprosium, europium and cerium), as well as China’s stop to new mining exploration within China and a curb on mining licenses………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34604 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930