11:22 am (Hawaii) Rare earth plays looked strong today. Good moves to the upside on increased volume. Nothing in this market is moving with mass volume and momentum, but these guys are not just well off their highs, but are going to continue in the long term to be solid even in a down economy due to their status in electronics, technology. Defense weapons. Batteries. Plus, China supposedly is home to
How long until Hang Seng or Shanghai open their own RARE EARTH COMMODITY EXCHANGE? I say there's one by January 1, 2012.
A look at MCP: 3-month chart and 1-year. Huge gain since IPO.
A look at smaller rare earth plays AVL and REE:
Wikipedia: Rare earth element
Barron's: Molycorp jumps as analysts heap on praise (June 20 2011)
Barron's: Molycorp's CEO's $8.9 million sale (June 20 2011)
Reuters: Molycorp sees Sumitomo deal closing by September (June 20 2011)
Seeking Alpha/Dr. Duru: Chinese academic's rare earth forecasts at odds with experts (June 20 2011)
(video) CNTV: Restructuring China's rare earth industry (June 20 2011)
China Daily: Rare earth supplies expected to grow (June 16 2011)
(video) BBC: Rare earths mining: China's 21st century gold rush (June 16 2011)
Jeb Handwerger: Why China's rare earth exports really matter (June 7 2011)
Seeking Alpha/Engineer Broker: Molycorp target is $472, 2H 2013 (May 31 2011)
Wall Street Journal: China rare earth exports rise (May 21 2011)
BBC: China expands export quotas of rare earth metals (May 19 2011)
Wall Street Journal: A warning on rare earth elements by GS (May 6 2011)
Jack Lifton: In Xanadu, did GS decree a rare earths surplus? (May 6 2011)
Alacra Pulse: JP Morgan's Michael Gambardella raises MCP target to $74 (Mar 29 2011)
Reuters: China rare earth prices explode as export volumes collapse (Mar 22 2011)
The Telegraph: Rare earths: Why China is cutting exports crucial to Western technologies (Mar 19 2011)
Reuters: China to tighten limits on rare earth exports (Dec 29 2010)
Seeking Alpha: Rare earth metals not so rare but valuable (Nov 4 2008)
Inner Mongolia
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