Articles Tagged "Molycorp"

China to Eliminate Rare Earth Export Tariffs

Rare Earth – China's Ministry of Finance confirmed plans to eliminate export tariffs on rare earths, tungsten and molybdenum, effective May 1, 2015. According to Shanghai Metals Market, China previously imposed export duties of 15 to 25 percent on rare earth products.

Molycorp Gains 77 Percent on Siemens Supply Deal

Rare Earth – Shares of Molycorp jumped Wednesday on news that the company has secured a 10-year rare earths supply deal with Siemens. Under the terms of the agreement, Molycorp will supply rare earth materials to Shin-Etsu Chemical, which will produce rare earth magnets for Siemens to use in its high-efficiency, direct-drive wind turbines.

5 Top Rare Earth Stories for Q1 2015

Rare Earth – Here's a look at some of the top stories from Rare Earth Investing News from the first quarter of the year. On the list are market commentaries from analysts, a look at companies that attended PDAC and an article on recent discoveries in the sector.

Companies Gain Following Rare Earths Report on 60 Minutes

Rare Earth – It isn't every day that rare earths are featured in the mainstream media, but this week on "60 Minutes" they made an appearance. The rare earths sector was on the rise on Monday following the report, which looked at the rise of China's dominance in the industry and the importance of rare earths in modern technology.