- Rare earth miners Rare Element Resources (REE +12.9%), Avalon Rare Metals (AVL +3.7%), and Quest Rare Minerals (QRM +11.7%) have joined Molycorp (previous) in rallying sharply. Equity markets have doled out plenty of punishment to the group this year.
- SA contributor Hawkinvest has provided a bullish write-up on Molycorp, arguing a short-covering rally could take place in early 2014.
- The Rare Earth/Strategic Metals ETF (REMX +0.7%) remains down 32% YTD.
Rare earth miners take off
Dec 27 2013, 14:13 ET