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China's Grip on Rare Earth Market Loosening as a Result of New Production From Lynas and Molycorp

19.09.2012  |  Marketwire
Five Star Equities Provides Stock Research on Quest Rare Minerals and Ucore Rare Metals

NEW YORK, NY -- (Marketwire) -- 09/19/12 -- 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 Equities examines the outlook for companies in the Rare Earth Industry and provides equity research on Quest Rare Minerals Ltd. (NYSE: QRM)(TSX: QRM) and Ucore Rare Metals Inc. (TSX VENTURE: UCU).


Access to the full company reports can be found at:

www.FiveStarEquities.com/QRM

www.FiveStarEquities.com/UCU


Australia based miner Lynas last week received a temporary operating license for their new rare earths facility in Malaysia and will begin production in October. The company estimates it will produce 22,000 metric tons of rare-earth materials once it reaches full capacity in late 2013. The flood of new production is likely to pressure rare earth prices.

"The entrance of Lynas and Molycorp into production is likely to lead to a global surplus for most light rare-earth elements and we believe it is likely prices will continue to weaken over the near term, with very limited engagement currently from buyers," said UBS analyst Ben Wilson.

Five Star Equities releases regular market updates on the Rare Earth Industry 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.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.

Quest Rare Minerals Ltd. is a Canadian-based, exploration company focused on the identification and discovery of new world-class Rare Earth deposit opportunities. Quest is currently advancing several high-potential rare earth projects in Canada's premier rare earth exploration areas: the Strange Lake and Misery Lake areas of northeastern Québec.

Ucore Rare Metals is a well-funded development-phase mining company focused on establishing rare metal resources with near term production potential. With multiple projects across North America, Ucore's primary focus is the 100% owned Bokan - Dotson Ridge REE property in Alaska. The company recently reported their SP technology removes 99 percent of impurities from Bokan ore.

Five Star Equities 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. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: www.FiveStarEquities.com/disclaimer



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