Carolyn Dennis Discusses Rare Earth Investment Climate
Business Insider reported an interview with Carolyn Dennis regarding investment potential in the rare earths industry.
Equities expert Carolyn Dennis said:
We believe the light rare earth (LREE) market is going to be largely satisfied by Molycorp Inc. (MCP:NYSE) and Lynas Corp., among a few others. The real crunch is going to be in the heavy rare earths (HREEs) neodymium and praseodymium, based on expectations of growing demand for permanent magnets and phosphors.