GGG 8.24% 7.8¢ greenland minerals limited

REE Media Announcements

  1. nro
    653 Posts.
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    Interesting movements in the REE sector

    The United States and Australia agreed to work together on strategic minerals exploration, extraction, processing and research, and development of rare earths and high performance metals to sustain the jobs of today and develop the jobs of tomorrow.
    https://au.usembassy.gov/white-house-statement-trump-turnbull-meeting-strengthens-alliance/

    China’s decision to limit domestic rare earth production to 45,000 tonnes for the second half of 2018 - announced in August and the lowest in more than five years - provides only enough supply for China’s domestic buyers, according to Adamas.
    https://www.reuters.com/article/us-...-unnerving-global-manufacturers-idUSKCN1MY2GZ

    and again

    https://www.reuters.com/article/us-...e-earth-bazooka-at-trade-rivals-idUSKCN1MZ0D8

    If China does go through with this you can only dream for a similar effect on REE prices as seen in the China/Japan REE restriction conflict.
 
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