After a sharp nosedive that lasted two months, the Rare Earths MMI (Monthly Metals Index) finally flattened out between May 1 and June 1. Ultimately, rare earth prices traded sideways and only moved down 1.02%. Market fears rose after news that China is experiencing another wave of COVID-19, which could impact the availability of rare […]
Tag: rare earths
Rare Earths MMI: Prices Plummet as Rare Earth Demand Drops
The Rare Earths MMI (Monthly Metals Index) suffered yet another significant drop month-over-month. Overall, the index fell 15.81%. These massive drops in prices are the result of several factors. One of the the biggest culprits is rising supply and falling demand. Prices for rare earth metals have also decreased due to new mining initiatives cropping […]
Rare Earths MMI: Prices Plunge, Flatten, Then Rise
The Rare Earths MMI (Monthly Metals Index) dropped drastically again this month, suffering a 15.5% decline. Despite this, downward price action began to slow down and flatten around March 16. As of March 30, prices began to rise again. Further adding to the confusion was the fact that some components in the index traded flat. […]
Rare Earths MMI: Different Countries Racing for Global Rare Earth Dominance
The Rare Earths MMI (Monthly Metals Index) rose considerably over the past month, climbing by a total of 7.05%. The primary factor influencing the rare earth price forecast over the past several months was zero-COVID. Now, the focus is on those restrictions being lifted. Currently, China reports that the country’s COVID cases are dropping. China’s […]
Rare Earths MMI: Surge in China’s COVID Cases Impact Prices
The Rare Earths MMI (Monthly MetalMiner Index) jumped slightly more than in the past six months, rising 4.45%. All month, geopolitical factors, mostly involving China, significantly impacted the index. For instance, production still proved low in the wake of zero-COVID. Then, once zero-COVID restrictions were lifted, the spike in cases across China kept the drag […]
Rare Earths MMI: Global Rare Earth Supply Chains in an Uproar
The December Rare Earths MMI (Monthly MetalMiner Index) traded sideways for the second month in a row. The index dropped 1.55% and MetalMiner anticipates it will continue sideways, most definitely for the short term and possibly in the long term. This is mostly thanks to the supply of global rare earth magnets being interrupted by […]
Rare Earths MMI: The World Races to Find Alternatives to Chinese Rare Earths
The November Rare Earth MMI (Monthly MetalMiner Index) broke its short-term downward trend and traded sideways month-over-month. Altogether, the index dropped a modest 0.97%. Rare earths managed to hold their steady trend over most of 2022. This was due to high demand for EV’s, electronics, and rare earth magnets. Indeed, the global market for all […]
Rare Earths MMI – Chinese Supply Stifled and “Dirty” Mining
The September Rare Earths MMI (Monthly MetalMiner Index) fell drastically by 9.87%. Alternatives to Chinese Rare Earths In last month’s MMI, MetalMiner reported how nations all around the globe were searching for alternatives to rare earth exports from China. After all, the ongoing Chinese property crisis and limited industrial output continue to strain the country’s […]
Rare Earths Companies Experience Cyber Attacks
For the longest time, the world relied solely on China for its supply of rare earths. Now, it seems that most countries have woken up to the “rare earths reality.” That is, we are starting to understand how important these elements are for vital sectors like defense as well as for products we use every […]
UK Hopes to Get Ahead of Rare Earths Supply Problem
By: Sohrab Darabshaw Rare earths have seen a surge in demand all around the world. After all, these minerals are key components of everything from solar panels to electric car batteries to defense equipment. And with Russia’s invasion of Ukraine disrupting much of the supply chain, the need for rare earths has become even more […]
