Once an investor’s darling, Molycorp Inc. (NYSE: MCP) has not aged well. The rare earths miner’s shares hit a post-IPO high of around $75 a share in April 2011, but ... Read Full Story »
China’s ministry of commerce raised its rare earth minerals export quotas for 2012 to nearly 31,000 tons yesterday, up from just over the previous limit of just over 30,000 tons. ... Read Full Story »
Led by the country’s largest producer of rare earth minerals, China is reported to be preparing the launch of a spot trading platform for rare earth minerals on August 8th. ... Read Full Story »
The current slump in prices for rare earth minerals despite a Chinese curb on exports could turn around in a couple of years if the Chinese succeed in developing their ... Read Full Story »
Rare earths miner Avalon Rare Metals Inc. (NYSEMKT: AVL) today reported the results of a resource estimate for its Nechalacho Deposit in Canada’s Northwest Territories. The report shows a Measured ... Read Full Story »
Rare earth minerals miner Molycorp Inc. (NYSE: MCP) held its IPO just less than two years ago, in late July 2010, at an offering price of $14/share, below the anticipated ... Read Full Story »
Given the relative scarcity and high cost of rare earth minerals, it’s only natural that companies that currently depend on the stuff would search for substitutes. And if anything is ... Read Full Story »
In March the US, the European Union, and Japan filed complaints with the World Trade Organization (WTO) accusing China of violating free trade rules by limiting exports of rare earth ... Read Full Story »
The trend from rare earth moves usually seems to be like a China-regulatory move, but that is not the case today. We have an emerging player which has delayed a ... Read Full Story »
All three major indexes opened higher this morning, but the strength didn’t last as the Chicago PMI number failed to meet expectations and came in lower even than last month’s ... Read Full Story »
Among the major movers at around noon today are RadioShack Corp. (NYSE: RSH), Vringo Inc. (NASDAQ: VRNG), Gentex Corp. (NASDAQ: GNTX), Rare Element Resources Ltd. (AMEX: REE), and Clean Diesel ... Read Full Story »
Markets opened lower today and stayed in negative territory until mid-afternoon. Car makers reported December sales throughout the day, with Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: ... Read Full Story »
Molycorp, Inc. (NYSE: MCP) is being punished today on news which some would argue is very mixed. J.P. Morgan decided to lower its price target and earnings estimates for Molycorp. ... Read Full Story »
When rare earth minerals miner Molycorp Inc. (NYSE: MCP) re-opened California's Mountain Pass mine last year, the focus was on a variety of minerals known as the "light" rare earths. ... Read Full Story »
US rare earths miner Molycorp, Inc. (NYSE: MCP) has had its ups and downs since going public in July of last year. Mostly ups, of course, though the current price ... Read Full Story »