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Stock Market & Financial Investment News

News Breaks
June 4, 2014
11:17 EDTRTI, REE, MCP, AVLChina close to ending tariffs on rare earth exports, Reuters says
China is set to do away with tariffs and quotas on the export of rare earth materials after World Trade Organization panel earlier in the year found the measures discriminatory, says Reuters. Publicly traded companies in the space include Molycorp (MCP), RTI International Metals (RTI), Avalon Rare Metals (AVL) and Rare Element Resources (REE). Reference Link
News For MCP;RTI;AVL;REE From The Last 14 Days
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November 10, 2014
07:32 EDTREERare Element reports Q3 EPS (8c) vs. (15c) last year
For accounting purposes, the company is classified as an exploration stage company and, as such, does not have production-related revenues at this time. As of September 30, the company had cash and cash equivalents of $12.9M, compared with $16.1M at June 30. The net cash used of $3.2M during the quarter was spent primarily on permitting, engineering and economic evaluation work to support the Preliminary Feasibility Study, trench work and general corporate expenses.

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