Lifton and Kingsnorth Agree

Posted on November 30, 2015 by Jack Lifton

Lifton on Kingsnorth and the global rare earth market

My colleague, Professor Dudley Kingsnorth, now of Curtin University in Perth, Australia, is arguably the world’s most experienced; up-to-date; and knowledgeable expert in the global rare earths’ markets. To me therefore his keynote address to the Roskill Conference on Rare Earths, two weeks ago in Singapore, was a definitive analysis of the current situation in the global rare earths’ markets. I believe that he and I are very much in agreement on most of the issues in those markets ....

For me the ultimate question is “How can I make sure that non-Chinese industrial manufacturers have a secure supply of the rare earths forms that they need that are critical for their products at prices that over a reasonable term will ensure that those products are competitive in their chosen markets?”

Dudley and I agree that the necessary diversity of rare earths production outside of China by 2020 strongly implies that the world needs production from Alkane, Northern Minerals, Peak Resources, and Rare Element Resources.

Chinese domestic costs are rising rapidly as the Chinese standard of living improves. This means the right-sized junior rare earth ventures outside of China can be profitable. The Chinese domestic rare earths markets are on a significant uptrend. For the rest of the world its time to maintain at least a foothold. The window is closing.

for the full story: http://investorintel.com/technology...-kingsnorth-and-the-global-rare-earth-market/