Rare Earth – Bloomberg reports that Japan’s Daido Electronics, the world’s fourth-largest rare-earth magnet maker, plans to triple output in China so it can boost international sales and gain ground on its three bigger domestic rivals.
Lithium – The Wall Street Journal reports that A123 Systems Inc.'s (NASDAQ:AONE) third-quarter loss widened more than expected as higher costs offset improved revenue.
Gold Investing News reports gold price got another boost from rising oild prices and weaker dollar. Gold futures rose 1.2 per cent to end at their highest level in more than five weeks as a private-sector rescue of U.S. lender Cit Group raised economic optimism, pressuring the dollar lower against most of its major rivals. [...]
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