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Stock Market & Financial Investment News

News Breaks
January 8, 2013
08:16 EDTMCP, AVL, SHZ, REEChina sharply reduces rare earth production quota, China Daily reports
China set its 2013 production quota for a type of rare earth metal at about half the level of the 2012 quota , according to China Daily, which cited a statement by the Chinese government that was posted on Saturday. The rare earth metal is used in mobile phones, hybrid cars and missile systems, the newspaper stated. Reference Link
News For SHZ;MCP;REE;AVL 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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