Dysprosium oxide price up 79% in a week!
Cited earlier in the day on the MCP Yahoo message board was an article that reports a massive jump in the price of the more desirable HREE. For HREE rich Bokan, the "North American Dysprosium King", the 79% increase in dysprosium oxide should all by itself be able to redefine the economics of Bokan if it holds. Sure don't see how MCP and LYSCF are "sittin' Pretty" given all the lanthanum and cerium and other low value LREE in their ores!
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China Rare Earths Prices Skyrocket; Molycorp, Lynas Sittin’ Pretty?
by MetalMiner IndX Reports on July 30, 2013 Style: Industry News Category: Metal Prices, MetalMiner IndX, Minor Metals
Well, maybe one week of rare earths price activity wouldn’t make a strong enough case for Molycorp or Lynas Corp. to go full steam ahead on production – but the price story sure is compelling. A 79.3 percent improvement on the weekly Rare Earths MMI® made dysprosium oxide the biggest mover on MetalMiner’s price index. * Get the complete prices every day on the MetalMiner IndX℠ A 47.6 percent jump caught the week’s heaviest change for yttria. Terbium oxide rose 34.5 percent over the past week. Neodymium oxide prices climbed more than US
China Rare Earths Prices Skyrocket; Molycorp, Lynas Sittin’ Pretty? by MetalMiner IndX Reports on July 30, 2013 Style: Industry News Category: Metal Prices, MetalMiner IndX, Minor Metals Well, maybe one week of rare earths price activity wouldn’t make a strong enough case for Molycorp or Lynas Corp. to go full steam ahead on production – but the price story sure is compelling. A 79.3 percent improvement on the weekly Rare Earths MMI® made dysprosium oxide the biggest mover on MetalMiner’s price index. * Get the complete prices every day on the MetalMiner IndX℠ A 47.6 percent jump caught the week’s heaviest change for yttria. Terbium oxide rose 34.5 percent over the past week. Neodymium oxide prices climbed more than US $10,000 over a week ago. Praseodymium oxide closed last week after a 24.0 percent rise in price. Over the past week, praseodymium oxide rose 24.0 percent. In the past week, the price of praseodymium neodymium oxide shot up 23.6 percent. Another mover this week was yttrium, which shot up 3.9 percent. Lanthanum oxide climbed 3.7 percent. With a 3.6 percent climb, cerium oxide claimed a gain. Neodymium traded sideways last week. Following a steady week, prices for rare earth carbonate, samarium oxide and terbium metal were flat.
Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner
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