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.

EXPM:QRMLF - Post by User

QUEST RARE MINERALS LTD

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Comment by uwatcheron Jan 14, 2015 10:18pm

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Post# 23321224

RE:Molycorp Issues Unrelated

and yet, here QRM is at near all-time lows!

RTO wrote: Molycorp is at a great disdvantage for 2 main reasons. They are producing the much more abundant 'CHEAP LIGHT' rare earths in a country with operations exposed to a strong currency, namely the U.S. dollar. Quest on the other hand is the complete opposite. The majority of the production at Strange lake will be for the 'EXPENSIVE HEAVY' rare earths while its opex costs will be in a weaker Canadian dollar.

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