Hi all loyal GGG followers,
Just thought id pass on another article about the potential for higher rare earth prices.
www.reuters.com/article/newsOne/idUSTRE57U02B20090831
In a nutshell: Hybrid cars (and possible Chinese restrictions) are likely to create a shortage of rare earth metals - which hopefully GGG can capitalise on :). The article doesn't mention GGG - if only they knew...
My favourite part:
"Worldwide demand for rare earths, covering 15 entries on the periodic table of elements, is expected to exceed supply by some 40,000 tons annually in several years unless major new production sources are developed."
Only got into GGG today but I dont think ive been more excited by any stock. And if Rod is reading - thanks for all your assistance on the forum. Much appreciated and good luck...
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- reuters article - rare earth mineral shortage
Hi all loyal GGG followers,Just thought id pass on another...
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