Rare Earth Elements

[MetalMeister]

Thought I would create a thread just for this since I have become more interested listening to some of the discussion on RRE.



http://www.bloomberg.com/news/2010-10-20/china-pledges-to-maintain-rare-earth-sales-official-says-exports-may-rise.html

Here's the political analysis of their "pledge" LOL:

China said the quota reduction was needed in order to shut polluting mines and still be able to meet domestic demand. It will “continue to supply rare earth to the world” while maintaining restrictions “to protect exhaustible resources and ensure sustainable development,” the Commerce Ministry said in a statement yesterday.

And here is a stupid Congressman suddenly realizing the US is beholden to China...

“It’s pretty frightening that there may be a gap where U.S. industry pays an extraordinary price,” U.S. Representative Mike Coffman, a Colorado Republican, said in an interview. He said U.S. rare-earth mining isn’t likely to resume until at least late 2012 at a mine in Mountain Pass, California.

‘Unified Front’

“The administration needs to join with other countries and have a unified front to tell China this is not appropriate,” he said.

China’s control of the $1.2 billion market for rare-earth elements gives it “market power” over the U.S., the Government Accountability Office, the investigative arm of Congress, said in a report in April. China restricts exports of the elements through quotas and export taxes, the GAO said.

[punter]

Trade in REE will be momentum driven.......trade has been threatened ...not curtailed...but...there could be some money to be made. Right now we have to deal with the perception that China WILL use strategic assets to lever political gain. Some companies that will benefit are here in N.AM where there were REE mines operating before the costs shifted over to China.....that was only a function of cost NOT availability. Unlknown to many because of flawed news reporting China is not the only place REE is available...it has been exploited in China due to low cost mining...differant than 'China is sole location of REE' nonsense we often read in the 'news'.

Some co's to look at are GWG, AVL, SMY, MDL, MCP. REE, RES. Good luck with the volitility...theres a lot of promotion going on...who can blame the promoters?

[sunseeker]

http://www.mineweb.com/mineweb/view/mineweb/en/page504?oid=113784&sn=Detail&pid=92730

Fund manager Van Eck Global said on Wednesday it plans to launch the first U.S.-listed exchange-traded fund focused on rare earth and strategic metals amid growing interest in the element class.

http://www.mineweb.com/mineweb/view/mineweb/en/page504?oid=113786&sn=Detail&pid=92730

"China will not use rare earths as an instrument for bargaining. Instead, we hope to cooperate with other countries in the use of rare earths on the basis of win-win outcomes and jointly protecting this unrenewable resource," Zhu told a news conference.

The Chinese have built and cleverly positioned themselves into a dominant position in Rare Earths. Now they're not going to take advantage of all the work planning and the expense that they've put into getting there.



(Chinese for laughter).

ATB 

Just noticed the "Spell Check" button on  "post reply".
JDH on the ball as ever.

[yeocokent]

I have been watching rare earths as well and just purchased Lynas (Australia).  They seem to be well positioned and will start productin in 2011 with a processing facility in Malaysia to supply the Japanese. 

I have been reading this board for awhile and enjoy reading everyones thoughts and analyses.  I am a bit of an amateur so haven't posted before, just learning.

[sidewinder]

Welcome to the circus yeocokent.  That name sounds like an Inuit version of Yellowcaked you two may be related.  . 

[yeocokent]

Thanks Sidewinder.  I might be related to yellowcake because I am in with some uranium companies.

To the original post about rare earths.  I have spent my life in agriculture and export marketing of ag commodities.  One thing is for sure, China can and does drive those prices up (soybeans, wheat, corn etc.).  They can do the same thing for rare earths.  They might drive up the price today with their decreasing exports.  They can also do the opposite if they decide to dump them on the market. 

[sidewinder]

There's no question that China has plenty of people to feed and the Ag products are indispensable for them. 

For all the years since WWII and the ensuing great peoples experiment into communism for the Chinese, somehow the west made do just fine without the giant production machine China has become in a short 25 -30 years.  One must wonder at how we ever made it without that production.   My point here is that all those years the iron curtain was in place China basically was not involved to any degree in the manufacture and distribution of the western worlds products.  It has only been since the 80's that this version of economy has been in place.  That is a very short time in the grand scheme of things.  A speck actually.  The distribution has worked well as far as raising the quality of life of those Asians involved in this phenomenal stride forward in life quality.  While we in the west have witnessed an actual drop in quality for the workers involved as control of the means of production have transferred from capitalist in the west to quasi-communist in the east. 

A certain amount of REE are required to produce the components for all the Ipods and cellphones ets but the move to solar and electric transportation will require even more.  The question is when will we move in this direction in earnest.  For today's investor, that may never occur in their lifetime.  Change like that take time, perhaps generations.  So I don't get THAT excited over the Rare Earths.  Right now I get more excited about food production more that other things.  Or actually production in general is my major concern.  Now this all takes some medium of exchange and right now with the current mess among the worlds currencies and debt could lead to a serious breakdown in the very thing that MUST be in place for ANY production and commerce to exist outside of domestic economy. 

regardless of what the past has been as far as world trade is concerned the Chinese by embracing capitalism to a degree are certainly the major player in production and distribution of goods.  Unless they screw it up (which would not surprise me in the least) they will be calling most of the shots going forward.  Right now it is a battle of currencies and competition for resources will be the major focus once the exchange problems are somewhat solved.     

[sunseeker]

Hi Yeocokent

Welcome.......

Good to have you aboard.



You'll fit in here just perfectly......



ATB 

[Peter518]

Rare earth ETF:  REMX















LYSCF
CREQF   
NEM.TO
RES.V = REE
QRM.V = QSURD (PINK Sheet)
AVL.TO = AVL
TSM.TO
RUU.V
GWG.V
MDL.V
GEM.V

Solactive Rare Earth Total Return Index

http://www.structured-solutions.eu/aktuelle-zusammensetzung.html?isin=DE000A1DKN27

Rare Earth Stocks Index (*RAREE)

http://www.tickerspy.com/index/Rare-Earth-Stocks?refer=yhoo_4716_RAREE

PS:  Recently Global X uranium ETF has been traded on NYSE

[MetalMeister]

http://finance.yahoo.com/news/Pinetree-Capital-Ltd-Acquires-ccn-3552400862.html?x=0&.v=1

[sunseeker]

http://finance.yahoo.com/news/Pinetree-Capital-Ltd-Acquires-ccn-3552400862.html?x=0&.v=1

I like PNP. I'm on record for saying so and many an occasion. They're very good at identifying trends and snapping up stock at just the right time.

Japan-bound shipments of rare earth metals have left China, Japan's trade minister said on Wednesday, confirming the end of a de facto suspension by Beijing on exports of the minerals since late September.

http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=115675&sn=Detail&pid=92730

The Japanese don't appear to be exactly comfortable with the situation though.

Japanese trading house forges rare earth procurement deal with Lynas

http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=115681&sn=Detail

ATB 

[MetalMeister]

Punter,

You asked about a certain list REE stocks recently and I happened to come across the information that you wanted:

Arafura Resources araff aru.ax

Lynas Lyscf Lyc.ax

Avalon Rare Metals avarf avl.to

Rare Element Res.  Ree res.v

Quest Rare Minerals Qsurd qrm.v

Tasman Metals Ltd.  Tasxf tsm.v

Molycorp  MCP

[yeocokent]

http://finance.yahoo.com/news/Pinetree-Capital-Ltd-Acquires-ccn-3552400862.html?x=0&.v=1

I like PNP. I'm on record for saying so and many an occasion. They're very good at identifying trends and snapping up stock at just the right time.

Japan-bound shipments of rare earth metals have left China, Japan's trade minister said on Wednesday, confirming the end of a de facto suspension by Beijing on exports of the minerals since late September.

http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=115675&sn=Detail&pid=92730

The Japanese don't appear to be exactly comfortable with the situation though.

Japanese trading house forges rare earth procurement deal with Lynas

http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=115681&sn=Detail

ATB  

Thanks for the welcome sunseeker. 

I like Lynas alot and have been buying it.  They are positioned well to supply the Japanese with their processing operation in Malaysia.

Is anyone buying Molycorp?

[sunseeker]

http://finance.yahoo.com/news/Pinetree-Capital-Ltd-Acquires-ccn-3552400862.html?x=0&.v=1

I like PNP. I'm on record for saying so and many an occasion. They're very good at identifying trends and snapping up stock at just the right time.

Japan-bound shipments of rare earth metals have left China, Japan's trade minister said on Wednesday, confirming the end of a de facto suspension by Beijing on exports of the minerals since late September.

http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=115675&sn=Detail&pid=92730

The Japanese don't appear to be exactly comfortable with the situation though.

Japanese trading house forges rare earth procurement deal with Lynas

http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=115681&sn=Detail

ATB  

Thanks for the welcome sunseeker. 

I like Lynas alot and have been buying it.  They are positioned well to supply the Japanese with their processing operation in Malaysia.

Is anyone buying Molycorp?

Hi yeocokent
I've not bought into MCP myself.

Consider signing up for the “free email” updates from these sites........

http://www.goldgeologist.com/geologist-mercenary-musings.htm

http://www.techmetalsresearch.com/


                    are required to view...
   

http://www.techmetalsresearch.com/papers/Rare-Metals-In-The-Age-Of-Technology.pdf
elemental

http://www.techmetalsresearch.com/papers/The-Supply-Issue-For-All-Metals.pdf
shanghai

http://www.techmetalsresearch.com/papers/Rare-Metal-ETFs-The-Positives-And-The-Negatives.pdf
fishbone

http://www.techmetalsresearch.com/papers/Rare-Earth-Crisis-Of-2009.pdf
terbium

ATB

                         

[MetalMeister]

There may be a lot of upside in the near future on this one.

http://finance.yahoo.com/echarts?s=GEM.V+Interactive#chart1:symbol=gem.v;range=5y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=off;source=undefined