03.08.2011 - Rare earths 2.0: Rise of the heavies
A year ago, it was China’s announcement of its second half export quotas that sparked a frenzy in the world of rare earth elements. The world woke up to a perception of acute shortages in ingredients vital to our western quality of life, and the prices of individual rare earths rose dramatically. Export prices (FOB) for the so-called light rare earths (LREE) samarium and cerium showed gains of over 2,500% in 2010. The share prices of companies looking for rare earths in the ground followed suit, and made a number of early adopters significantly wealthier..............................................Full Article: Source
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