NTU 0.00% 2.6¢ northern minerals limited

gains could be astronomical for miners

  1. 3,237 Posts.
    Sep 24 2013 news story..

    What would happen if production of the new iPhone was stopped because they couldn't find the key materials to make it work? This scenario is not impossible, but could be a near term reality. If new mines don't come online by 2015, we may see a shortage of the rare earths needed for touch-screens and magnets used in smartphones and tablets.

    You may have never heard of rare earths yet, but it may soon make the front pages over the next couple of years as a potential supply shortfall is imminent. Gains in the rare earth sector could be astronomical for miners who can make it to production.

    Rare earths are the critical metals discovered only fifty years ago with amazing physical properties particularly in permanent magnets which can make cell phones and cars smaller. The rare earth metals have just started being used in the past twenty years in our latest technologies such as smart-phones/tablets, missile systems, wind turbines and automobiles. Technology, Defense, Wind Energy and the automobile sector is seeing major growth, breaking into new highs and end users must now secure long term secure supplies.

    Expect increased demand for rare earths as prices may begin to move drastically higher as we move close to a supply shortfall.

    for the full story ...
    http://seekingalpha.com/article/1711312-rare-earth-sector-rises-on-increased-m-a-speculation?source=google_news

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