QUEST RARE MINERALS LTD V.QRM

Primary Symbol: QRMLF

Metals & Mining Industrial Metals & Minerals

Quest Rare Minerals Ltd is a Canadian exploration company developing Strange Lake rare earth deposit in northeastern Quebec, Canada. The Strange Lake REE deposit contains quantities of all the rare earth metals used in permanent magnets. The company is to become a supplier of rare earth oxides for the permanent magnet industry to be used in variety of industrial and consumer applications including wind turbines, automobiles, consumer electronics and medical equipment. Its project portfolio includes Strange Lake Rare Earth project, and Strange Lake Preliminary Economic Assessment.

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QUEST RARE MINERALS LTD

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Comment by StockscoutXon Jul 15, 2016 3:27pm

251 Views

Post# 25057150

RE:Is China Upset?

Where there is demand and money to be made, China steals and copyies technologies then uses it's cheap labor market to over produce and flood the markets with whatever to kill the competition outside its borders.

As for the HREE China's domestic demand is growing very fast and in need of those minerals. Therefore, whatever way I see it, QRM is in standby mode to open a mine going forward should the conditions be right and also on the condition the funding will be there should it happen. Moreover, the demand in China for HREE could eveutally outstrip supply and therefore they will start buying those minerals outside their borders.

All in my opinion.

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