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New Production From Lynas and Molycorp to Pressure Rare Earth Prices

10.09.2012  |  Marketwire
Five Star Equities Provides Stock Research on Great Western Minerals and Rare Element Resources

NEW YORK, NY -- (Marketwire) -- 09/10/12 -- The world's Rare Earth Industry has long been dominated by China who controls roughly half of the world's reserves and 95 percent of the global supply. China's stranglehold of the rare earth market may finally be coming to an end as Lynas and Molycorp have both made major announcements in recent weeks regarding increased production. Five Star Equities examines the outlook for companies in the Rare Earth Industry and provides equity research on Great Western Minerals Group Ltd. (PINKSHEETS: GWMGF) (TSX VENTURE: GWG) and Rare Element Resources Ltd. (NYSE: REE).


Access to the full company reports can be found at:

www.FiveStarEquities.com/GWMGF

www.FiveStarEquities.com/REE


Australia based miner Lynas last week received a temporary operating license for their new rare earths facility in Malaysia and will begin production in October. The company estimates it will produce 22,000 metric tons of rare-earth materials once it reaches full capacity in late 2013. The flood of new production is likely to pressure rare earth prices.

"The entrance of Lynas and Molycorp into production is likely to lead to a global surplus for most light rare-earth elements and we believe it is likely prices will continue to weaken over the near term, with very limited engagement currently from buyers," said UBS analyst Ben Wilson.

Five Star Equities releases regular market updates on the Rare Earth Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.

Great Western Minerals Group is an integrated rare earth processor. Its specialty alloys are used in the battery, magnet and aerospace industries. In addition to an exploration program at their Steenkampskraal mine, the company also holds interests in four active rare earth exploration and development properties in North America. The company expects to start producing at their South African mine by mid-2013.

Rare Element Resources was specifically created to develop the Bear Lodge rare-earth-element and gold deposits in northeast Wyoming. The US Geological Survey has studied the area extensively (USGS Prof. Paper #1049-D) and has estimated that it contains one of the largest deposits of disseminated rare-earth elements in North America.

Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: www.FiveStarEquities.com/disclaimer



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