One in five rare earth companies want out
A new survey of the rare earth industry outside China shows many producers and processors are responding to weak prices by exiting the market.
Frik Els , Editor
Frik has 20 years’ experience as a business journalist across a range of industries including automotive, technology and entertainment markets. Frik has an entry in Global Mining Observer’s Who’s Who of Mining 2018, and contributions to publications and conferences including Business Insider, Investing.com, Mines & Money London and New York, Vancouver Resources Investment, Progressive Mine Forum in Toronto and Canadian Mining Symposium in London, UK. He’s been interviewed on CBC Radio and Korea State TV and quoted in the Financial Post.
Posts by Frik Els:
Copper price won’t lag spiking oil for much longer
China's spending on infrastructure is being front-loaded and should translate into significantly higher copper demand later in the year.
CHARTS: 2016 gold price rally’s all about ETFs, hedge funds
At the same time consumer and central bank demand is plummeting, raising questions about the sustainability of the upswing.
Miners going broke – worst still to come
New report says mining and metals companies set to default on debt at more than three times the historical rate going back to 1983.
CHARTS: The May mining and metals meltdown
Seven trading days in and already global mining investors are nursing double digit declines as everything from copper to met coal to silver take a beating.
Iron ore price bubble bursting
In a rerun of last year's stock market collapse in China, mainland retail investors are now fleeing raw material markets frantically bid up since March.
Freeport sells prized African copper mine
Tenke Fungurume in the DRC goes for $2.65 billion to China Molybdenum – Freeport also offloading Africa exploration project and cobalt refinery in Europe.
Major correction underway for mining stocks
Monday mayhem as metals rally evaporates and mining's top names are dumped – Anglo's losses since a week ago now 28%, Freeport has plunged 25%.
This is the first and only miner upgraded this year
Mining's marquee names have had their credit investment ratings slashed or reduced to junk. This diamond company is defying the downturn.
Worst week for iron ore price since October 2011
Rout continues ahead of crucial Chinese import data.
Value of EV battery nickel second highest on record, cobalt at 30-month high
Low LFP-penetration markets, Europe is off to the races in 2025 and US buyers pull forward purchases before subsidies end.
