Time To Call A Bottom In Rare Earth Metals?

The Critical Metals Report:

Luisa, the share prices of a number of leading companies in the rare earth elements (REEs) space have started to trend upward again. Where is the sector headed in 2013?

Luisa Moreno: Brian, it is likely that we have seen a bottom for these stocks. I'm not sure that it necessarily has to do with developments in the REE space, however. It is much broader than that. Overall, there is somewhat better performance in the equities market, including the commodities and REEs. However, I believe that REE prices will continue to go down, which is a positive event because some end users had to find less efficient alternatives when prices were very high.

Recent news out of China indicated that the price of didymium, which is praseodymium and neodymium together, is trending lower. The light rare earth elements (LREEs) are especially likely to fall flatter as Montero Mining and Exploration Ltd. (MON:TSX.V) and Namibia Rare Earths. There could be an interesting synergy there for some of these companies with African assets.

TCMR: Thank you for sharing your expertise with our readers.

LM: It's been a pleasure.

Luisa Moreno is a mining and metals analyst. She covers industry metals with a major focus on technology and energy metal companies. She has been a guest speaker on television and at international conferences. Luisa has published reports on rare earths and other critical metals and has been quoted in newspapers and industry blogs. She holds a bachelor's and master's in physics engineering as well as a PhD in materials and mechanics from Imperial College, London.

DISCLOSURE:
1) Brian Sylvester of The Critical Metals Report conducted this interview. He personally and/or his family own shares of the following companies mentioned in this interview: None.

2) The following companies mentioned in this article are sponsors of The Critical Metals Report: Commerce Resources Corp., Frontier Rare Earths Ltd., Namibia Rare Earths Inc., Rare Element Resources, Tasman Metals Ltd., Ucore Rare Metals Inc., Quest Rare Minerals Ltd. and Orbite Aluminae Inc. Interviews are edited for clarity.

3) Luisa Moreno: I personally and/or my family own shares of the following companies mentioned in this interview: None. I personally and/or my family am paid by the following companies mentioned in this interview: None. I was not paid by Streetwise Reports for participating in this interview.