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China’s rare earth exports surge 82.2% in first quarter

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With the falling prices global demand for rare earth metals from China climbed in the first quarter. The export volume of rare earth ore, metals and mixtures in China which is the world's biggest rare earth supplier has surged 82.2% year on year to 7,134 tons, valued at US$95.19 million in the first three months of this year according to the figures published by the China Customs Statistics Information Centre on March 21th. From January to March the export volume of other rare earth processed products in China was increased by…

Fairy Godmother Financiers and U.S. Government classify Molycorp as the one ‘too important to fail’

2014-4-24-Ecclestone
If the bulk of the Rare Earth sector had to stage a full scale retreat over the last two years the task was made exponentially more difficult for the two producers in the space (Molycorp and Lynas) as they both had nowhere to retreat to except the mothballing of their mining facilities. Molycorp has the great advantage though of having a “soup to nuts” range of production facilities ranging from the mine at Mountain Pass through to the sale and distribution of Rare Earth Oxides from its Neomaterials business. Having it…

Excessive pollution challenges the entire Chinese industrial system to reform

china smog
Air purifiers and protective masks against pollution might just be China’s biggest selling consumer items these days. It has become impossible, in fact, to escape the thick fog that has enveloped Beijing in recent weeks. The Chinese Ministry of the Environment said that has the heavy smog now spread over an area of ​​1.3 million square kilometers, or 13 percent of China itself (the size of Central Europe), too large an area to control to affect the current air quality index values. s new national pastime, everybody checking the daily number,…

Lithium-ion batteries use lithium and graphite — now add some tin to triple capacity

An interesting item this month in The Spokesman-Review newspaper in Spokane, Washington. It reports that a team at Washington State University is working on building a better battery for smartphones. Actually, the story first emerged two years ago when some technical journals featured the work of Professor Grant Norton and his team at WSU's School of Mechanical and Materials Engineering. They had come up with the idea to introduce a tin anode rather than a carbon one, so — they hoped — tripling capacity and allowing faster recharging. But it was not a…

Baotou — with an eye on WTO appeal — signals tough times ahead for Chinese REE producers

Woody Allen made the now famous quip that, if you want to make God laugh, tell him your future plans. For “future plans“, substitute “rare earth forecasts”. Back in the 2011 frenzy that sent REE prices to the stratosphere, could you have imagined an analyst writing the following in April 2014: “In reporting diabolical first quarter results, the world’s largest producer of rare earths, the Chinese group Baotou, warned that fears of the World Trade Organisation ruling which could lead to unrestricted exports from China could drive prices down even further”?…

Lifton & Weslosky Technology Metal Report

IIR
On this holiday weekend, I thought I would extend a complimentary viewing of the Lifton & Weslosky Technology Metal Report, a special weekly video that is published on InvestorIntelReport for members every Wednesday. Jack was in Toronto on Wednesday and Thursday, and during lunch he explained that he preferred the term "Intelligence" -- so the name InvestorIntelReport may be a placeholder, but moving forward we will be producing this video weekly for publication on our InvestorIntelReport only. And please, for those that are not in love with this formula appreciate that all of…

The Great Rare Earth Price Recovery – Boldly Backwards Into the Future!

Source: AsianMetal
I was putting together a pile of data recently for a new cut at a forward-looking rare earths price deck. This one will deal with all the rare earths, except for thulium because no one can tell me what thulium is really for, and there isn’t any data available on it because, as far as I can tell, no one really cares. If you are the one buyer in the world who really needs thulium, and not just nearby rare earths with some thulium contaminating it, I’m sorry, but I’m still not going…

China announces decision to appeal against the WTO rare earth ruling

Jack-Lifton
China’s Ministry of Commerce (MOFCOM) has announced its decision to lodge an appeal against the WTO rare earth ruling on April 17th. “We will devote every effort to make an appeal. Regardless of the appeal's outcome, China's policy objectives to protect the environment and resources will not change, we will also continue to boost management of resource industries following the WTO rules and safeguards fair competition." the MOFCOM spokesman Shen Danyang said on Thursday at a monthly briefing. The U.S., Japan and the EU last month won a big victory over…

South America is the 2nd largest destination for Chinese direct foreign investment

Chinese-SA
Trade and foreign direct investment (FDI) relations between China and Latin America and the Caribbean are growing in the past 15 years by a factor of 25 according to the Economic Commission for Latin America and the Caribbean (ECLAC). The majority of Chinese FDI is directed towards the banking sectors of the Cayman Islands and the British Virgin Islands, but Chinese companies have increasingly been targeting the Latin American natural resource and industrial sector. China has targeted several countries but Brazil and Argentina, which are rich in land, as well as…

New technology for critical metals, agribusiness, nuclear plants, 3-D printing, renewable energy — you name it, Japan’s there

Uniqlo
Having spent a few weeks (involuntarily) accompanying various shopping expeditions in Paris, I have become — suddenly — aware of Uniqlo. The crowds of women of all ages lining up at the cash registers at one of its Paris stores attests to the extraordinary success. And I read that staff are allowed just 60 seconds to process each retail transaction. Now this Japanese designer of casual wear is planning to launch in Australia, with a target of 100 stores in this country. The Uniqlo phenomenon, and I am assured by the shopper in this…

The sizzling silvery-white Indium heats up for a bull run

Indium-world-production
Indium (In) – joined at the hip to Zinc: For those zinc bulls amongst us (and my hand shoots up) the received gospel is that that Lead/Zinc supplies are on the wane over the next few years. This is not due to a shortage of the metals on the planet or to potential deposits not being identified but rather due to underinvestment in new mine development on deposits already long-ago identified. This is compounded by a decline in existing production with the closure of big mines such as Century (Australia), Brunswick…

Heartbleed Bug ‘contagion’ creates market malaise

Contagion
Our last week ended with the rumbling from the confusion that came from disruptive impact of the Heartbleed bug that had online paranoia at an all-time high. In case you have not drilled down through the endless media coverage and analysis on what happened here’s what your computer(s) and various electronics may or may not have caught: “The Heartbleed bug allows anyone on the Internet to read the memory of the systems protected by the vulnerable versions of the OpenSSL software. This compromises the secret keys used to identify the service…

Mining Finance in Capital Markets for Antimony Miners

Antimony-Ecclestone
I was a guest speaker this week at the 2nd World Antimony Forum in Madrid. My topic was Mining Finance in Capital Markets for Antimony Miners. More on that later (because I was the ultimate speaker). The crowd was a select one indeed with key players from the European and Asian regions with a smattering of North Americans and even some parties from Central and South America. Definitely the forum had the heavy-hitters in attendance. I would also note that composition was more than 90% “Buy Side” (traders, processors, refiners, end-users) versus…

China’s new round of rare earths stockpiling to boost prices

China-Stockpile
Regardless of whether you consider the recently opened Baotou Rare Earths Products Exchange or the rare earth stock exchange, the prices of rare earths in China have gained strength recently, buoyed by the efforts of China’s State Bureau of Material Reserve (SBMR) to proceed with a new round of its rare earth stockpiling plan. The state-run ‘China Securities Journal’ reported, on April 9th, that an agreement over reserves has been signed between the SBMR and some large rare earth producers (including China Minmetals Rare Earth, Inner Mongolia Baotou Steel Rare-Earth, Chinalco…
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News Releases & Media

U.S. Rare Earths Announces The Successful Completion Of Its Preliminary Exploration And Assessment Of Lemhi Pass Projects

April 24, 2014 (Source: US Rare Earths) -- Drilling results show significant concentration of both heavy and critical rare earths U.S. Rare Earths, Inc. (OTCQB: UREE), a domestic rare earths exploration company with 25,000 acres of mining claims in Idaho,Montana and Colorado, announced that it has completed its preliminary exploration and assessment of a portion of its claims located in the Lemhi Pass region of western Montana and…

China quotas could benefit $500M rare-earth mine

April 24, 2014 (Source: Wyoming Business Report) -- The first round of public comment for a proposed $500 million rare-earth mine will come to a close April 30. According to the U.S. Forest Service, Rare Element Resources Ltd. in late March filed its intent to prepare an environmental impact statement (EIS) for the nearly 2,300-acre project that will incorporate an…

Rare-earth minerals mine is important, but so are neighbors’ concerns

April 24, 2014 (Source: Tribune) -- Some folks near Sundance are eyeing a new neighbor, and they have some serious questions. The planned rare-earth minerals mine would be one of only three outside China, which produces the vast majority of rare-earth minerals used worldwide. China's corner on the market is remarkable, because such minerals are used in so many devices…

Stans Energy Appeals Inter-District Court Judgment

April 24, 2014 (Source: Businesswire) -- Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”), reports that it has filed an appeal to the Bishkek City Court in response to the ruling from the Inter-District Court of Bishkek (the “Court”) in favour of the Kyrgyz General Prosecutor’s Office (“GPO”) claim against Stans’ wholly owned Kutessay II Project. This administrative…

Rare Element Resources’ Chairman, Dr. Ranta, to Retire; Patrick M. James to Join Board of Directors

April 23, 2014 (Source: Businesswire) -- Rare Element Resources Ltd. (NYSE MKT: REE and TSX: RES), a mineral resources company advancing development of the Bear Lodge Critical Rare Earth Project, announced today that Dr. Donald E. Ranta, Chairman, intends to retire from the Company’s Board and will not stand for reelection at the Company’s annual general meeting in June. Additionally, the…

American Vanadium Announces First Cellcube ™ Vanadium Flow Battery Installation In New York

April 23, 2014 (Source: Accesswire) -- AMERICAN VANADIUM CORP. ("American Vanadium" or the "Company") (TSX.V: AVC) (OTCQX: AVCVF) announces it will partner with the New York State Research and Development Authority (NYSERDA) to demonstrate the CellCube(TM) vanadium redox flow energy storage system. The Metropolitan Transportation Authority (MTA) and the New York City Transit (NYCT) Office of Strategic Innovation and Technology will…

WTO rare earth ruling won’t stop China from protecting environment

April 23, 2014 (Source: People Daily Online) -- China plans to appeal the World Trade Organization's ruling that its restriction on rare earth exports violates global rules, said Shen Danyang, spokesman of ministry of Commerce, on April 17. China will spare no efforts in appealing, but whatever the result, China's policy of protecting its resources and its environment is not…

Quest Announces Election of Directors

April 23, 2014 (Source: Marketwired) -- Quest Rare Minerals Ltd. (TSX:QRM)(NYSE MKT:QRM) is pleased to announce that all of the nominees listed in its management proxy circular dated March 12, 2014 were re-elected as directors at Quest's annual meeting of shareholders held on April 17, 2014 in Montreal. At the meeting, a ballot was conducted for the election of directors. According…

Profits nosedive for Chinese rare earth miner

April 23, 2014 (Source: Want China Times) -- China Minmetals Rare Earth, a leading miner in the business, posted a drastic decline in net profits in the first quarter of 2014 due to low rare earth prices. The company made 1.6 million yuan (US$261,300) in net profits from the start of January to the end of March, diving by 94.1%…

Minmetals Profits Down 94% As China Rare Earth Industry Suffers from Price War

April 22, 2014 (Source: IBTimes) -- China's rare earth sector is being hurt by low prices, as the country lost in a key lawsuit at the World Trade Organization (WTO) against the US, Europe and Japan. Earlier, China Minmetals Rare Earth Co. Ltd, reported a steep decline in profits for the quarter ended in March 2014. The company's profits declined…

Rare Earths, China, and the WTO

April 22, 2014 (Source: China Radio International) -- Following years of argument back and forth, the World Trade organization has ruled against China in a dispute over the trade of rare earth metals. Rare earths are a group of 17 lesser-known minerals such as Cerium, Prometheum and Scandium. Many of them have chemical or physical properties that are vital in…

Lynas wins court battle

April 22, 2014 (Source The Australian) -- Rare earths miner Lynas has won a Malaysian court battle over its operating licence. The Malaysian Federal Court, the highest court in the country, dismissed with costs an appeal from the Save Malaysia Stop Lynas group. The group was seeking leave to apply for judicial review of the Atomic Energy Licensing Board's decision…

U.S. EPA Directs Rare Earth Mine in San Bernardino County to Correct Hazardous Waste Violations

April 21, 2014 (Source: EPA) -- The U.S. Environmental Protection Agency today ordered Molycorp Minerals, LLC, to pay a $27,300 penalty for improper management of hazardous waste at its San Bernardino County mine and mineral processing facility. The violations were discovered as part of unannounced EPA inspections in October 2012. EPA testing at the facility determined that leaked or spilled lead-iron…

Tesla says gigafactory will source only North American materials

April 21, 2014 (Source: Silicon Valley Business Journal) -- Tesla Motors Inc. said it will use only minerals from North America to build the lithium-ion batteries built in its planned $5 billion gigafactory,  Bloomberg reported. The company said it won't use overseas sources for materials like cobalt, lithium and graphite so that it can minimize the environmental impact of the batteries. The move comes…

Ucore Announces Closing of Final Tranche of Non-Brokered Private Placement for Cumulative Total Proceeds of $7.88 Million

April 17, 2014 (Source: Marketwired) -- NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S. Ucore Rare Metals Inc. (TSX VENTURE:UCU) ("Ucore" or the "Company") is pleased to announce that further to its news releases dated April 11, 2014 and April 16, 2014 it has closed the final tranche of a non-brokered private placement ("Private Placement") by issuing…

Canada Strategic Metals Complete 11 Drillholes Program at the Sakami Gold Project and Hit Mineralized Zone in Every Hole

April 17, 2014 (Source: Marketwired) -- Canada Strategic Metals Inc. ("Canada Strategic Metals" or "the Company") (TSX VENTURE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF) and Matamec Explorations Inc. (TSX VENTURE:MAT)(OTCQX:MHREF) are very pleased to announce that a drilling program began in March at the Sakami gold project is completed. The program was aimed at increasing the size of the main gold zone (Zone 25) to the west-northwest, as…

InvestorIntel Officially Launched for Entrepreneurs and Investors

Jack Lifton and Chris Ecclestone on BNN’s Commodities Thursday, April 17, 2014 April 16, 2014 -- Toronto, ON – ProEdge Media Corp., an online media company since 2001, is pleased to announce the official launch of InvestorIntel.com (“InvestorIntel”). InvestorIntel is a leading global investment intelligence news source for the innovative and entrepreneurial minded. Tracy Weslosky, Publisher and Editor-in-Chief of InvestorIntel…

China to Appeal WTO Rare Earth Ruling

April 17, 2014 (Source: Reuters) -- China said on Thursday it would appeal against a World Trade Organization (WTO) ruling that found it violated global trade rules with its export limits on rare earth minerals used in defense and technology products. China lost a WTO dispute in March, handing Europe and the United States a victory over what they see as…

Mr. Christophe Romary Joined Matamec as Business Development Director

April 17, 2014 (Source: Marketwired) -- Matamec Explorations Inc. (TSX VENTURE:MAT)(OTCQX:MHREF)("Matamec" or the "Company") is pleased to announce that Mr. Christophe Romary joined Matamec as Business Development Director, and will provide investor relations services, thus increasing its visibility within the financial community. Mr. Romary has more than 17 years of experience in investment banking, working with companies like Orion Securities Inc. (now…

Alaskan Senate Bill 99 allows for financing of REE and Multi-Mineral Mines near Ketchikan

Legislation to Grow Southeast Alaska Economy Moves Forward:(JUNEAU) -- The House Labor and Commerce Committee has moved Senate Bill 99, sponsored by Senator Lesil McGuire (R-Anchorage), which would give the Alaska Industrial Development and Export Authority (AIDEA) the ability to issue bonds for two multi-mineral mining projects in Southeast Alaska while also making technical amendments to the Sustainable Energy Transmission…

Ucore Announces Increase in Non-brokered Private Placement and Closing of Second Tranche

April 16, 2014 (Source: Marketwired) -- NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S. Ucore Rare Metals Inc. (TSX VENTURE:UCU), ("Ucore" or the "Company") is pleased to announce that further to its news release dated April 11, 2014, it has closed the second tranche of a non-brokered private placement ("Private Placement") by issuing 8,104,281 units…

Galway Metals Inc. completes $660,000 private placement

April 16, 2014 (Source: CNW) -- Galway Metals Inc. (TSX-V: GWM) (the "Company") is pleased to announce that it has completed a non-brokered private placement financing (the "Financing"), as previously announced on March 31, 2014. The Financing consisted of the sale of 6,600,000 units (each, a "Unit") at a price of $0.10 per Unit, with each Unit consisting of one common share…

WTO ruling another defeat for China

April 16, 2014 (Source: China Daily) -- Two years after the United States, the European Union and Japan filed a complaint in the World Trade Organization against China's export restrictions on rare earths, the WTO issued a Panel report last month which determined that the Chinese actions were inconsistent with the world body's trading rules. This is the second such…

China’s rare earth firm Q1 profit slumps 70 pct

April 16, 2014 (Source: Xinhua) -- China's major rare earth producer Inner Mongolia Baotou Steel Rare-Earth Group said its net profit slumped 71.71 percent year on year to 69.38 million yuan (11.26 million U.S. dollars) in the first quarter of 2014. Its revenue tumbled 52.76 percent from the same period last year to 1.09 billion yuan, according to the company's…
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