Robin Bromby From:The AustralianAugust 01, 2011,...

Robin Bromby
From:The Australian
August 01, 2011, 12:00AM

Rare-earths moves

WITH all fads, you get companies mining the market rather than the ground.

That phase appears to be over so far as rare earths are concerned and now investors will be looking for runs on the board.

So it is significant that Northern Minerals (NTU) has released its first drill results from the Browns Range project in Western Australia, showing high grades, including 5m at 3.49 per cent total rare-earths oxides with 0.32 per cent dysprosium.

NTU reminds us that dysprosium out of China, which cost $US400/kg at the beginning of this year, now commands $US2840/kg.

Terbium sold for $US900/kg in April, $US3000/kg in June and is $US4510/kg now.

http://www.theaustralian.com.au/business/opinion/overload-looms-but-conference-visitors-should-save-their-eyes-for-gold-shows/story-e6frg9ex-1226105601794