PEK 2.38% 21.5¢ peak rare earths limited

Ann: Third high purity separated rare earth oxide, page-12

  1. 9,819 Posts.
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    re: Ann: Third high purity separated rare ear... Clearly PEK has a stale register as some investors grow impatient which could see PEK at single figures again as I previously suggested. Striking a formal deal will take considerable time if new Chinese party involved but I'm not in the know.

    Irrespective, LT I like the link of PEK to the growth in Chinese upper middle class (some 50 million) and middle class (300-400 million). The former are very hunger consumers all wanting smart phones and TV...REE supply may be okay for now but with these types of # it will challenge it considerably you'd have to think. The following story may be of general interest:

    http://www.afr.com/p/lifestyle/review/china_middle_class_gets_political_2XgpFfpKDawuA4dugkl9gN





 
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