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Cornering The Market: US Grapples With China's Control Over Essential Rare Earth Metals
Sunday, August 27, 2023 - 12:45pm | 442The dominance of China in the rare earth metals market has raised concerns about the vulnerability of U.S. supply chains. The metals, essential for various high-tech products, have seen China gain significant control, impacting global pricing and supply dynamics. U.S. Trade Representative...
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What Investors Should Know About Trump's Rare Earth Mining Executive Order
Thursday, October 1, 2020 - 7:22pm | 621President Donald Trump signed a new executive order to emphasize the U.S. efforts on rare earth mining. What Happened: On Wednesday, Trump signed an executive order to expand the production of rare earth minerals. Rare earth minerals are vital to many manufacturing sectors, including electric...
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6 Stocks With Rare Earth Exposure
Friday, May 31, 2019 - 9:09am | 580Rare earth element stocks have been in the spotlight recently after China threatened to cut of U.S. supply as the trade war ramps up. On Tuesday, CCTV reported a “relevant official” from China’s National Development and Reform Commission said China’s next countermeasure to U...
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Rare Earths Weaponization: It's A Thing And It's Lifting This ETF
Wednesday, May 22, 2019 - 1:00pm | 516The latest market segment to take center stage in the U.S.-China war is the rare earths space. The previously moribund VanEck Vectors Rare Earth/Strategic Metals ETF (NYSE: REMX) followed up Monday's heavy volume gain of 6 percent with an almost 5 percent pop on Tuesday. What To Know The...
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Palladium: The Next Hot Commodity?
Tuesday, June 5, 2012 - 1:27pm | 813By Sterling Wong, Minyanville While gold and silver typically hog commodities headlines, one under-the-radar precious metal with plenty of upside is palladium. So said North American Palladium (NYSE: PAL) CFO Jeff Swinoga when he presented at last week's Euro Pacific Capital investor conference...
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Rare Earth Metals Growth Drivers: Siddharth Rajeev
Tuesday, March 27, 2012 - 4:00am | 2483The Critical Metals Report: China recently announced it is maintaining its rare earth export quotas of 31,130 metric tons (t), but the U.S., the EU and Japan filed a claim at the World Trade Organization (WTO), saying that the restrictions are illegal. What will this controversy mean for rare earth...
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Mining on a Major Scale
Friday, March 9, 2012 - 10:45am | 823By: Roger Conrad, Investing Daily In the fourth quarter, Freeport McMoRan Copper & Gold (NYSE: FCX) spent $1.57 to produce each pound of copper. That was nearly triple its costs from the year-ago period, and more than 50 percent above the average for the year. Management also...
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Warren Buffett: All That Glitters Is Tungsten?
Friday, March 2, 2012 - 7:37pm | 291Warren Buffett doesn't like gold, but he's apparently taken a shine to tungsten. Berkshire Hathaway's (NYSE: BRK-A) (NYSE: BRK-B) outfit International Metalworking Companies announced an $80 million investment in Woulfe Mining's (CVE: WOF) Sangdong South Korean tungsten project this week. Woulfe...
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Molycorp Down 4% After Hitting 52-Week High (MCP)
Tuesday, December 28, 2010 - 3:52pm | 209Shares of Molycorp, Inc (NYSE: MCP) are trading down 4% at $47.46 per share during the Tuesday afternoon trading session. The company's shares soared to a 52-week high today after the Chinese government lowered its export quotas for rare earth metals. However, the stock plunged during afternoon...