2011 began with a 35% YOY drop in Chinese rare earth export quotas and further speculation of higher short-term prices. Purchasing has been slow to pick up in January, however, as REE consumers take time to digest the new supply limits.
Share prices of many prospective rare earth mining companies have continued to surge while investors remain mixed as to what direction the market will take long-term.
With the rare earth market still in a period of volatility, don't miss Asian Metal's upcoming International Rare Earth Summit 2011. The conference will be the first and only event held outside of China to include major international consumers, traders, and mining groups, as well as Chinese suppliers and producers. The conference will address the question: what is next for the rare earth industry?
International Rare Earth Summit 2011 features presentations from Great Western Minerals Group, Avalon Rare Metals, and Molycorp, three of the largest non-Chinese rare earth miners. In addition, the summit will include unique perspectives from the East with talks by both government and private industry leaders and an investment panel with some of the top analysts and institutional investors.
Specific topics include:
- Rare earths and the global supply chain
- Developments and views from the Chinese market
- New production and processing capacity
- Prospects for international buyers
- 2011-2012 outlook for the rare earth industry
- Investment opportunities and risks
Held in the heart of Pittsburgh, PA, the International Rare Earth Summit 2011 promises to be the most comprehensive rare earth meeting of the year. With Asian Metal’s extensive coverage in Asia, Europe, and the Americas, nowhere else will there be as many of the world’s rare earth market participants in one place.
Asian Metal's rare earth conference in April 2010, which attracted over 200 delegates, was featured on the PBS Newshour.