There are two ways to visualize the critical metals and industrial minerals sector. Some see a hostile climate, where junior mining companies compete for scarce financing dollars. But there's a sunnier side to this story: More than ever, companies, government and academia are forming partnerships to solve a global problem—the ongoing need for scarce critical materials.
Share prices have tumbled down for many rare earth element miners, while the quality of certain companies has dramatically improved. Is now the right time for investors to strengthen their positions in the space or to turn and run?
The worldwide hunt for new sources of critical metals has some miners hitting the beach, tapping sand and river placer deposits in search of naturally processed minerals, according to the scientist and rare earth expert.
I guess that there's no need now to worry about the future supply of the rare-earth metals. Last week the Wall Street Journal reported that Goldman Sachs says the rare earth supply shortage situation will end in 2013.