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Agoracom
The Small Cap Epicenter
The Small Cap Epicenter
AGORACOM WIRE - FRIDAY MAY 25TH, 2012
FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.
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INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More
AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More
LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013 Read More | *SPONSOR
The Bedford Report Provides Equity Research on Lynas Corp & Great Western Minerals
NEW YORK, NY--(Marketwire -11/03/11)- North American and Australian rare earth explorers are expected to get a boost going forward as China loosens its control on the sector. Presently China has about one-third of global rare earth deposits but produces about 95 percent of the world's supply. Recent statements from China's government and the nation's largest producers hint that China hopes other countries will share the burden of rare earth production after depending on China's overmined deposits for a decade. The Bedford Report examines the Rare Earth Elements Industry and provides stock research on Lynas Corporation (Pinksheets: LYSCF.PK - News) (ASX: LYC.AX - News) and Great Western Minerals Group Ltd. (TSX-V: GWG.V - News) (Pinksheets: GWMGF.PK - News). Access to the full company reports can be found at:
Rare earth stocks have had a relatively successful run of late after China's largest rare-earth producer said last month that it would suspend smelting and separation work for a month to use its market power to rally falling rare earth prices. Inner Mongolia Baotou Steel Rare-Earth (Group) Hi-Tech, which accounts for nearly half of the world's light rare-earth production, said that the move was aimed at "balancing supply and demand."
Baotou's one-month suspension would remove about 5,000 metric tons of rare earth output from the global market this year, the Royal Bank of Scotland estimates.
The Bedford Report releases regular market updates on the industrial metals sector so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.
Li Zhong, the vice-general manager of top producer Baotou Steel Rare-Earth Hi-Tech Holding, told a conference organised by Metal Pages that China's role as the dominant global supplier of rare earths will gradually come to an end as the industry focuses more on the domestic market. Zhong argues that it is now "unrealistic" to rare earth prices to fall back to previous levels as Beijing tightens the sector.
According to Reuters, most of China's rare earth prices remained unchanged last month, but a few in the complex fell -- a sign that the industry is still in a correction cycle from sky-high levels seen earlier this year after Beijing tightened controls over production and mining.
The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer
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Like Great Western Minerals Group? Then you might also be interested in Pacific North West Capital Corp.
