Foreign RE development company shares are rising

Avalon Rare Earth on Tuesday, the company has risen by 11% over the past three months, 80% of value added , about this company and the Northern Territory in Canada Nechalacho rare earth project does not provide any fresh news, but just like other heavy rare earth developers , they are subject to heavy rare earth prices positive impact .

Located 100 km southeast of Yellowknife 's Nechalacho will be Canada's first rare earth mine , the potential value of about $ 1.6 billion . Avalon depict it as a Chinese company the largest rare earth deposits outside of mine .

2011 rare earth prices peaked after LREE prices both plummeted, but from the lowest point since July this year , terbium , dysprosium used in high-tech industries such heavy rare earth material prices rising rapidly.

Dysprosium is to create one of the ingredients of hybrid vehicles , often and vanadium and other metals used in the manufacture laser materials , from July , the metal dysprosium prices have risen to $ 700 / kg or more , or up to 100 U.S. dollars / kg .

Other large rare earth exploration companies and mining companies are also eagerly sought after by investors , such as REE, and TRER 's share price has more than ten percent on Tuesday rose .

Australian Olympic Resources released to shareholders in Ngualla rare earth project in Tanzania , the shares rose 9%. Canadian GWM company's shares rose more than 4% .


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