The US Department of Defense and Japanese automaker Toyota (NYSE:TM) have embarked upon simultaneous bids to overcome China's strangehold on rare earth metals via the development of North American supply sources.
Rare Metals Mining News
About one month ago, I wrote about the overvaluation in the rare earth stocks. Even though many disagreed with the prediction that this sector was at or near a top, all of these stocks have dropped, some significantly in the past 4 weeks.
May 4, 2011 (Ian London, Editor www.RMBApps.com) -- Modern dentistry can be quite the marvel, especially with respect to observing rare metal material science at work. These metals enable the latest diagnostic technologies, as well as faster, smaller, and quieter tools. In a modern dental office, rare earths and rare metals are also found in LED lamps, flatscreen display units and film-less X-ray techniques. Material science is also contributing to significant advances in prosthetics, be they crowns, veneers or implants.
It is becoming very hard to keep with the Australian REE story.