Once again at the end of 2011 we heard the voices of negation sounding the fear of the bursting of the commodities bubble. The naysayers come out with their Cassandra calls whenever commodities go into a characteristic and salubrious selloff.
The various rare-earth markets are interdependent in a complex way that depends on their end uses. Greedy stock promoters are no match for the forces of the market. "Announcements" are not solutions to problems of supply.
If American self-sufficiency is important to insure that our civilian and military manufacturing industries retain their market share and can grow, then those sectors of our economy must strike bargains to ensure their own prosperity
Interest in rare earths is starting to heat up once again, and it is something you should keep on your radar. China's Baotou Steel has announced its intention to start up the world's first rare earths exchange.
There have been major developments this week in the rare earth arena, which could hold significance for the expansion into Europe of Molycorp and the development of a US domestic supply chain of rare earths.
We can certainly debate and question specific projections. What's pretty clear though is that the figure of 278 kt for total rare earths in 2015 and beyond is referring to projected supply, not demand.
Canada has little internal domestic demand for the rare earths, but it has or controls not only more deposits of rare earths than any other country, but also significant operational expertise in processing rare-earth ores to high-purity metals.
There is no doubt that Chinas's growth cannot be sustained by domestic production of natural resources. This is obvious to Chinese corporate procurement officers. It is only now becoming apparent to Chinese domestic institutional investors.
KIMBER ANNOUNCES ELECTIONS TO THE BOARD;APPOINTMENT OF CHAIRMANDecember 20, 2006VANCOUVER, BRITISH COLUMBIA - Kimber Resources Inc. (AMEX:KBX, TSX:KBR)Election of DirectorsKimber is pleased to report ...