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Rare Earth Metals Staging a Comeback?

Posted on 20 June 2014

The market for rare earth metals represents the ultimate paradox. Rocketing prices a few years ago sent manufacturers scrambling for lower-cost alternatives, causing the bottom to fall out of virtually every rare earth mining stock.
The weakest junior miners were forced to shutter their doors. But a 60% spike in praseodymium prices is a surefire signal that demand is back. Hold your applause, though…While much higher prices make the handful of surviving rare earth explorers immensely attractive, another pricing panic could simply lead to demand destruction all over again………………………………………..Full Article: Source


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VRS - who has written 37583 posts on Opalesque Commodities Briefing.


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