{"id":1118451,"date":"2019-05-29T19:21:19","date_gmt":"2019-05-29T19:21:19","guid":{"rendered":"http:\/\/www.mining.com\/?p=990007"},"modified":"2019-05-29T22:21:19","modified_gmt":"2019-05-29T22:21:19","slug":"rare-earth-stocks-come-out-winners-in-china-us-trade-war","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1118451","title":{"rendered":"Rare earth stocks come out winners in China-US trade war"},"content":{"rendered":"

With all the turmoil surrounding the ongoing China-US trade war, companies mining for rare earth elements have come out as “unexpected” winners thanks to market-wide speculation that China may choke off<\/a>\u00a0supply of certain critical minerals to the US. Currently the US relies on China for about 80% of its rare earth metals, many of which are essential in applications such as wind turbines, EVs, smartphones and military equipment.<\/p>\n

The threat of “weaponizing”<\/a> rare earths by China means potential sellers of these minerals to the US stand to gain from a tightened international supply and higher prices.\u00a0The US may not have a choice but to keep importing. At the moment\u00a0there’s only one rare earths miner<\/a> in the country, MP Materials, which operates the Mountain Pass mine in California. Even so, its ores are exported to China and processed into cerium, neodymium, lanthanum and europium there.<\/p>\n

Shares of Chinese rare earth miners already saw significant gains earlier today,\u00a0including JL Mag Rare-Earth (up 10%), whose processing plant President Xi Jinping visited last week.<\/p>\n

Meanwhile, in Canada and Australia:\u00a0Lynas Corp (ASX: LYC), based in Western Australia and the only other major producer outside China, was up 16% on Wednesday morning. Toronto-based Avalon Advanced Materials Inc (TSX: AVL), which is exploring a feasibility-stage rare earth project in Northwest Territories, surged by 33%. Another Canadian rare earth miner, Niocorp Developments Ltd (TSX: NB), moved up 5%. Other Canadian-based junior miners including Geomega Resources Inc (TSX-V: GMA), Ucore Rare Metals Inc (TSX-V: UCU) and Commerce Resources Corp (TSX-V: CCE) also advanced, up 12.5%, 48% and 21% respectively.<\/p>\n

The post Rare earth stocks come out winners in China-US trade war<\/a> appeared first on MINING.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The threat of “weaponizing” rare earths by China means potential sellers of the minerals to the US stand to gain from a tightened international supply and higher prices.<\/p>\n

The post Rare earth stocks come out winners in China-US trade war<\/a> appeared first on MINING.com<\/a>.<\/p>\n","protected":false},"author":88,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[949,404,369,1286,428],"tags":[15,25,30],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1118451"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/88"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1118451"}],"version-history":[{"count":3,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1118451\/revisions"}],"predecessor-version":[{"id":1118509,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1118451\/revisions\/1118509"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1118451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1118451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1118451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}