Rare earth market quotation in China: terbium oxide and dysprosium oxide prices edge lower while praseodymium oxide price remains unchanged in the beginning of the week. 

VR Resources discovers over 1,000 metres of extension at H-K critical metal/REE. The company provided new geochemical data for five holes completed in October at its H-K critical Metals/REE project (Hecla-Kilmer project) in northern Ontario.

Molybdenum market quotation in China: sodium molybdate, ammonium heptamolvbdate and molybdenum bar prices increase slightly in the first trading day on December 20, 2021 driven by the sharp increase in the price of molybdenum concentrates last week.

Rare earth metals are scarce, and demand is growing rapidly as global demand for consumer electronics booms. But with almost all of the supply of these metals purchased in Asia, Africa, and South America over the past 15 years coming from China, Greenland miner could be used to solve the rare earth metals crisis.