Rare Element announced that its audited consolidated financial statements and Form 10-K for the year ended June 30, 2012 have been filed on sedar.com and sec.gov. As to the completion of the fiscal year and financial report filing, Randall J. Scott, President and Chief Executive Officer stated, "This was a year of continued substantial progress for [...]
The world's Rare Earth Industry has long been dominated by China who controls roughly half of the world's reserves and 95 percent of the global supply. China's stranglehold of the rare earth market may finally be coming to an end as Lynas and Molycorp have both made major announcements in recent weeks regarding increased production. Five Star [...]
China's control of the rare earth market has come under increased scrutiny since 2010. Over the past several years China has slashed their export quotas of rare earth minerals to cope with their growing domestic demand. U.S. industry officials suggest it is an unfair trade practice, against rules established by the World Trade Organization (WTO), a [...]
LAKEWOOD, COLORADO -- (Marketwire) -- 08/13/12 -- Rare Element Resources Ltd. (TSX: RES)(NYSE MKT: REE) is pleased to report on its community and governmental accomplishments thus far this year including site visits at its Bear Lodge Project in Wyoming and a series of presentations to trade groups, industry analysts, local, federal and Wyoming [...]
China has continued to dominate the Rare Earths Industry. A recent report from Bloomberg stated that after complaints from the U.S., the European Union and Japan, World Trade Organization judges will investigate China's limits on rare earth exports. The Market Vectors Rare Earth/Strategic Metals ETF (REMX) has fallen nearly 20 percent in the last [...]
After a strong start to the year, Rare Earth stocks have struggled in the second quarter. The Market Vectors Rare Earth/Strategic Metals ETF (REMX) has fallen 20 percent over the last three months. Things may be turning around for the industry as a recent article from Reuters suggests that China may become an importer of rare earth by 2014. Five [...]
Rare Earth stocks have been gaining attention in recent weeks after China's Information Office of the State Council published the first white paper on their rare earth industry. The report raised concerns regarding China's rare-earth exports and future global supply sending shares of rare earth companies higher. The Paragon Report examines [...]
LAKEWOOD, COLORADO -- (Marketwire) -- 07/02/12 -- Rare Element Resources Ltd. (TSX: RES)(NYSE MKT: REE) is pleased to announce that Ms. Kelli C. Kast, Esq., has been appointed as Vice President, General Counsel, Chief Administrative Officer and Corporate Secretary effective July 2, 2012.
Ms. Kast brings over 16 years of in-house legal [...]
LAKEWOOD, COLORADO -- (Marketwire) -- 06/26/12 -- Rare Element Resources Ltd. (TSX: RES)(NYSE MKT: REE)(NYSE Amex: REE) is pleased to announce that the 2012 drilling and exploration program has commenced at the Bear Lodge rare earth element (REE) project in Wyoming.
Drilling
Three core drill rigs and one reverse circulation drill rig are [...]
China's stranglehold on the rare earth market has been a major problem for the U.S. as the elements are crucial for the manufacturing of popular high-tech products. China currently mines more that 95 percent of the world's rare earth supply, which allows them to manipulate price and availability to the U.S. markets. Five Star Equities examines the [...]
Rare Earth stocks after a respectable start to the year have begun to falter. The Market Vectors Rare Earth/Strategic Metals ETF (REMX) is down over 16 percent in the last month. Prices for rare earth in May have fallen roughly 30 percent from the 2011 average according to data from Lynas Corp. The Paragon Report examines investing opportunities in [...]
China's hoarding of rare earth metals has been a growing problem for the U.S. as the metal is widely used by the U.S. military, and crucial for the manufacturing of popular consumer products. According to a CRS Report in April China currently produces 97 percent of the world's rare earth oxides. The Paragon Report examines investing opportunities [...]
