@silvercelli- Neodymium, Terbium, Dysprosium have legit supply issues. Yttrium and Europium are developing supply issues and those will worsen over the next few yrs.
This export bann is likely temporary because Chinas capability of processing REM is limited. They will simply lift the export restrictions flooding the open market causing our mining operations to go bankrupt.
@dokkiro- Oh really? So they can continue giving away cheap and basically free REEs like they have for almost 2 decades now below true production costs and without factoring in HUGE increases in upgrades and environmental improvements? Chinese production costs are about to skyrocket. REEs are one of the most inefficient markets EVER. No serious capital investment worldwide until very recently for a very long time. Decades.
@dokkiro- It will be at least 2015 and perhaps yrs after that before this becomes an efficient market with production from a good amount of sources. If the Chinese flood the market with more cheap production, they will be giving away much more of their metal at prices that will be much higher in the future especially when you factor in currency devaluation.
@dokkiro-Much smarter for the Chinese to hoard what they've got, which is not 30-40 yrs left of reserves anyways, and to trade their worth less paper in for cheap REEs from areas outside China at these prices. China can no longer afford, for a variety of reasons, to be the world's only supplier of REE supply. The Chinese care much, much more about the higher paying processing jobs anyways. That's the main industry China wants to protect. Those jobs foster innovation and higher wages.
@dokkiro- Incorrect. China can no longer flood the market with cheap REEs. They imposed even more environmental restrictions recently. Production costs are going to go sky high. They also have at most 15 yrs left of REE reserves at current demand levels and that's assuming demand does not rise.
@WallStForMainSt 1. REE is really not that rare 2. Cheap labors was the reason behind 97% of Chinese monopoly. 3. REE is recyclable. 4. Demand for REE became obsolete because of use of newly discovered materials. 5.Chinese will have no use for their mountains of REE surplus they cannot process.
@dokkiro- Yes, I know REEs are not that rare but there was almost 2 decades of underinvestment in the industry and capital is just starting to flow into the sector recently. REE is not recyclable in a very environmentally friendly way nor is it cheap. It is highly energy intensive. The Chinese have no use? LOL
@WallStForMainSt recycling is cheaper than extracting it from the raw materials in any cases of minerals such as aluminums. One country can sit on 99% of all the gold deposits but it becomes useless. The rest of the world just wouldn't value it. I've heard reports that even Japanese are really not that worried much because of their recyclable surpluses.
@WallStForMainSt All I'm telling you is Chinese do value REEs only as much as how much they can sell it for. You just don't seem to get the fact that REE is just a natural resource people sell for cash just like anything. Yes very true limited resources however I do doubt we will completely runout of it like petroleum or uranium which are not recyclable.
@dokkiro- Uranium is recyclable with Thorium. Look into Lightbridge's Uranium/Thorium dual reactor. Thorisum is a very remarkable element. It could be the ultimate future of nuclear power. It failed in the 1960s and 70s to establish itself, but might succeed this time over the next 5-10 yrs in supplanting Uranium. As for REEs, China has been subsidizing REE production for a long time and that has been allowing Chinese REE miners to sell REEs below the true production cost.
@WallStForMainSt In Asia there is this sayings that came from Confucianism beliefs. Fox kept giving away free shoes to monkeys until they couldn't climb trees without shoes, then fox started to charge money for shoes. Same was true for all those illegal copies of Microsoft OS.
@dokkiro- Environmental corners were cut in extreme ways to deliver cheap product to sell even if it meant ruining the soil and water around the mine, getting workers sick, etc. Japanese corporations also bribed these Chinese miners to give them even cheaper metal below market price. All of this is ending thanks to new Chinese policy. Productions costs are going to skyrocket. This will allow REE miners worldwide to compete on a level playing field.
Oct 20/2010 News in the New York Times... After cutting off Japan from REMs, China has now anounced it is doing the same to Europe and the US, in this growing international trade war. Expect prices to rise quickly in tech and other sectors, if this is not resolved
@silverstorming- US Congress just passed RESTART legislation to fund REE mines in the US to go into production. This benefits a handful of REE miners. US wants to have a strategic stockpile of REEs for many reasons. EU and Japan are planning stockpiles also. Everyone including China is hoarding!
India aims to restart production of rare earths late next year for the first time since 2004, a top government official said on Wednesday.A major consuming market is Japan, where Indian Prime Minister Manmohan Singh and his Japanese counterpart Naoto Kan agreed this week to cooperate on minerals and metals.
@BLUERAY1611- China is going to increase hoarding their own REE production as well as import production from the US (Molycorp) and Australia (Lynas and Arafura) and probably elsehwere ( Canada and maybe Stans Energy in K-Stan). Japan is so desperate they are looking to do supply deals in Vietnam, Mongolia, India and remote parts of Canada where Avalon's deposit is. Japan has no natural resources on its own.
@BLUERAY1611- Here's the deal with Japan and I write more about this in my Dragon Metals Special Report I co-authored with commodities guru Kevin Kerr if you are interested in buying that, but Japan and its large corporations used to buy much of its REE supply under the table from the Chinese black market from hundreds of small Chinese REE miners. No environmental costs of production were ever factored in. The Chinese can no longer give away the REEs like in the past. Prices going higher IMO
@BLUERAY1611- Japan is now in full panic mode to secure REE supplies from sources outside of China. Add Brazil to the list of countries Japan is trying to help fund to secure supply.
I worked with REM's as engineer with AEC many years ago. Who are you? You know more than most top REM engineers I worked for. Most REM's sell for 100% to 250% over spot unless you buy HUGE dollars. Would you mind sharing your sources? With crash in rhodium I want to buy before it heads back up. Industry org of REM's (forgot their name) can veto transactions. Ever had problem? Do you pay ie 200% over spot or do you buy $100K increments? E-mail if you want gyantis at gmail.com
@sopark434- Molycorp (MCP) has already spiked from $14/share up to just under $30. I think it will go higher over the next 5 yrs IF Molycorp management properly executes its plan.
Rare Earth Elements aren't the same as rare earth metals. Your are referring to Rare Earth Elements as Rare Earth Metals, rem's can be mined and refined as metals as is while rare earth elements are refined into oxide powders then made into metals as alloys.
@charlesfuchs- Charles, the British and Russians knew about the potential for copper, gold, silver and Rare Earths metals in Afghanistan. It's always been a war zone though. Have you seen the movie, War, Inc? Our wars are starting to become ridiculous like those portrayed in the movie. Isn't SWC also Platinum and Palladium? I did not start heavily buying Rare Earth Metal Mining shares yet. Only own a few hundred shares of one so far. Will be adding as I go and when I get more cash!
@WallStForMainSt Yup, they did about 13 years ago I think. SWC does plat and pall and others in montana. It the only field in the USA and has good potential I think. In a few years, plat and pall and silver might outshine gold, who knows these days with the manipulation of everything :-)
@charlesfuchs- There are good Rare Earth company opportunities in Greenland, Australia, Russia, Canada and the US (Alaska). Try to pick out at least a few to reduce geopolitical risk, management risk and mining risk.
@drshock18- Bingo! Follow China to riches. We should co-author a book! Next, the Chinese will be loading up on potash and more agriculture. There was a bad drought in China and lots of crops died. Wheat will need to be imported and probably corn. It was talked about on this past weekend's Financial Sense Newshour broadcast.
@drshock18- Good idea or buy companies that Potash will buy out. Lots of good Canadian Potash Juniors listed OTC or on Canadian Exchanges. Over 90% of the world's potash/phosphate resources are controlled by only 5 or 6 countries!
This has been flagged as spam show
To make your voice heard and discuss issues related to Rare Earths, search "sustainable scenarios kertechno" and check the website!
fannyver 9 months ago
But its just cheeper to let it sit a decorative land fill and make a new tv instead . Think about all the effort it to get americans to recycle.
dude2755 1 year ago
@silvercelli- Neodymium, Terbium, Dysprosium have legit supply issues. Yttrium and Europium are developing supply issues and those will worsen over the next few yrs.
WallStForMainSt 1 year ago
This export bann is likely temporary because Chinas capability of processing REM is limited. They will simply lift the export restrictions flooding the open market causing our mining operations to go bankrupt.
dokkiro 1 year ago
@dokkiro- Oh really? So they can continue giving away cheap and basically free REEs like they have for almost 2 decades now below true production costs and without factoring in HUGE increases in upgrades and environmental improvements? Chinese production costs are about to skyrocket. REEs are one of the most inefficient markets EVER. No serious capital investment worldwide until very recently for a very long time. Decades.
WallStForMainSt 1 year ago
@dokkiro- It will be at least 2015 and perhaps yrs after that before this becomes an efficient market with production from a good amount of sources. If the Chinese flood the market with more cheap production, they will be giving away much more of their metal at prices that will be much higher in the future especially when you factor in currency devaluation.
WallStForMainSt 1 year ago
@dokkiro-Much smarter for the Chinese to hoard what they've got, which is not 30-40 yrs left of reserves anyways, and to trade their worth less paper in for cheap REEs from areas outside China at these prices. China can no longer afford, for a variety of reasons, to be the world's only supplier of REE supply. The Chinese care much, much more about the higher paying processing jobs anyways. That's the main industry China wants to protect. Those jobs foster innovation and higher wages.
WallStForMainSt 1 year ago
@dokkiro- Incorrect. China can no longer flood the market with cheap REEs. They imposed even more environmental restrictions recently. Production costs are going to go sky high. They also have at most 15 yrs left of REE reserves at current demand levels and that's assuming demand does not rise.
WallStForMainSt 1 year ago
@WallStForMainSt 1. REE is really not that rare 2. Cheap labors was the reason behind 97% of Chinese monopoly. 3. REE is recyclable. 4. Demand for REE became obsolete because of use of newly discovered materials. 5.Chinese will have no use for their mountains of REE surplus they cannot process.
dokkiro 1 year ago
@dokkiro- Yes, I know REEs are not that rare but there was almost 2 decades of underinvestment in the industry and capital is just starting to flow into the sector recently. REE is not recyclable in a very environmentally friendly way nor is it cheap. It is highly energy intensive. The Chinese have no use? LOL
WallStForMainSt 1 year ago
@WallStForMainSt recycling is cheaper than extracting it from the raw materials in any cases of minerals such as aluminums. One country can sit on 99% of all the gold deposits but it becomes useless. The rest of the world just wouldn't value it. I've heard reports that even Japanese are really not that worried much because of their recyclable surpluses.
dokkiro 1 year ago
@WallStForMainSt All I'm telling you is Chinese do value REEs only as much as how much they can sell it for. You just don't seem to get the fact that REE is just a natural resource people sell for cash just like anything. Yes very true limited resources however I do doubt we will completely runout of it like petroleum or uranium which are not recyclable.
dokkiro 1 year ago
@dokkiro- Uranium is recyclable with Thorium. Look into Lightbridge's Uranium/Thorium dual reactor. Thorisum is a very remarkable element. It could be the ultimate future of nuclear power. It failed in the 1960s and 70s to establish itself, but might succeed this time over the next 5-10 yrs in supplanting Uranium. As for REEs, China has been subsidizing REE production for a long time and that has been allowing Chinese REE miners to sell REEs below the true production cost.
WallStForMainSt 1 year ago
@WallStForMainSt In Asia there is this sayings that came from Confucianism beliefs. Fox kept giving away free shoes to monkeys until they couldn't climb trees without shoes, then fox started to charge money for shoes. Same was true for all those illegal copies of Microsoft OS.
dokkiro 1 year ago
@dokkiro- Environmental corners were cut in extreme ways to deliver cheap product to sell even if it meant ruining the soil and water around the mine, getting workers sick, etc. Japanese corporations also bribed these Chinese miners to give them even cheaper metal below market price. All of this is ending thanks to new Chinese policy. Productions costs are going to skyrocket. This will allow REE miners worldwide to compete on a level playing field.
WallStForMainSt 1 year ago
Oct 20/2010 News in the New York Times... After cutting off Japan from REMs, China has now anounced it is doing the same to Europe and the US, in this growing international trade war. Expect prices to rise quickly in tech and other sectors, if this is not resolved
silverstorming 1 year ago
@silverstorming- US Congress just passed RESTART legislation to fund REE mines in the US to go into production. This benefits a handful of REE miners. US wants to have a strategic stockpile of REEs for many reasons. EU and Japan are planning stockpiles also. Everyone including China is hoarding!
WallStForMainSt 1 year ago
@silverstorming
Balls to China.
India aims to restart production of rare earths late next year for the first time since 2004, a top government official said on Wednesday.A major consuming market is Japan, where Indian Prime Minister Manmohan Singh and his Japanese counterpart Naoto Kan agreed this week to cooperate on minerals and metals.
BLUERAY1611 1 year ago
@BLUERAY1611- China is going to increase hoarding their own REE production as well as import production from the US (Molycorp) and Australia (Lynas and Arafura) and probably elsehwere ( Canada and maybe Stans Energy in K-Stan). Japan is so desperate they are looking to do supply deals in Vietnam, Mongolia, India and remote parts of Canada where Avalon's deposit is. Japan has no natural resources on its own.
WallStForMainSt 1 year ago
@BLUERAY1611- Here's the deal with Japan and I write more about this in my Dragon Metals Special Report I co-authored with commodities guru Kevin Kerr if you are interested in buying that, but Japan and its large corporations used to buy much of its REE supply under the table from the Chinese black market from hundreds of small Chinese REE miners. No environmental costs of production were ever factored in. The Chinese can no longer give away the REEs like in the past. Prices going higher IMO
WallStForMainSt 1 year ago
@BLUERAY1611- Japan is now in full panic mode to secure REE supplies from sources outside of China. Add Brazil to the list of countries Japan is trying to help fund to secure supply.
WallStForMainSt 1 year ago
This has been flagged as spam show
I worked with REM's as engineer with AEC many years ago. Who are you? You know more than most top REM engineers I worked for. Most REM's sell for 100% to 250% over spot unless you buy HUGE dollars. Would you mind sharing your sources? With crash in rhodium I want to buy before it heads back up. Industry org of REM's (forgot their name) can veto transactions. Ever had problem? Do you pay ie 200% over spot or do you buy $100K increments? E-mail if you want gyantis at gmail.com
w0tm 1 year ago
subbed. Thanks for good info and vid. I hope it takes some time before it shoots up so I have time to build a position.
sopark434 1 year ago
@sopark434- Molycorp (MCP) has already spiked from $14/share up to just under $30. I think it will go higher over the next 5 yrs IF Molycorp management properly executes its plan.
WallStForMainSt 1 year ago
Rare Earth Elements aren't the same as rare earth metals. Your are referring to Rare Earth Elements as Rare Earth Metals, rem's can be mined and refined as metals as is while rare earth elements are refined into oxide powders then made into metals as alloys.
999silverrush 1 year ago
True, why you think were still in Afganistan. However America has a great place for rare earth metals. Take a look at SWC!! Bought it at $3.
charlesfuchs 1 year ago
@charlesfuchs- Charles, the British and Russians knew about the potential for copper, gold, silver and Rare Earths metals in Afghanistan. It's always been a war zone though. Have you seen the movie, War, Inc? Our wars are starting to become ridiculous like those portrayed in the movie. Isn't SWC also Platinum and Palladium? I did not start heavily buying Rare Earth Metal Mining shares yet. Only own a few hundred shares of one so far. Will be adding as I go and when I get more cash!
WallStForMainSt 1 year ago
@WallStForMainSt Yup, they did about 13 years ago I think. SWC does plat and pall and others in montana. It the only field in the USA and has good potential I think. In a few years, plat and pall and silver might outshine gold, who knows these days with the manipulation of everything :-)
charlesfuchs 1 year ago
@charlesfuchs- There are good Rare Earth company opportunities in Greenland, Australia, Russia, Canada and the US (Alaska). Try to pick out at least a few to reduce geopolitical risk, management risk and mining risk.
WallStForMainSt 1 year ago
very, very, excellent research and reporting !
morristomcat 1 year ago
@morristomcat- Thanks MorrisTC!
WallStForMainSt 1 year ago
@morristomcat lol sort of
999silverrush 1 year ago
Anything that China has been slurping up is worthy of interest and rare earths are no different.
drshock18 1 year ago
@drshock18- Bingo! Follow China to riches. We should co-author a book! Next, the Chinese will be loading up on potash and more agriculture. There was a bad drought in China and lots of crops died. Wheat will need to be imported and probably corn. It was talked about on this past weekend's Financial Sense Newshour broadcast.
WallStForMainSt 1 year ago
@WallStForMainSt yep. load up on potash call options.
drshock18 1 year ago
@drshock18- Good idea or buy companies that Potash will buy out. Lots of good Canadian Potash Juniors listed OTC or on Canadian Exchanges. Over 90% of the world's potash/phosphate resources are controlled by only 5 or 6 countries!
WallStForMainSt 1 year ago