09.08.2013 - Why Augustís rare earths price index shot up
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 Chinaís stop to new mining exploration within China and a curb on mining licenses...............................................Full Article: Source
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