Doesnt look good for rare earth prices. The output from molycorp in the usa, and lynas from australia will cause prices to fall significantly. Pretty soon supply will be significantly more than demand, which means prices are going to crash. I dont know what the breakeven price is for lynas, but not a good thing for a company that is just ramping up production.
http://www.reuters.com/article/2012/09/19/us-rareearths-outlook-idUSBRE88I0O020120919
http://rareearthinvestingnews.com/8506-market-rare-earth-prices-china-molycorp-investing-outlook.html
Doesnt look good for rare earth prices. The output from molycorp...
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