Rare earth stocks trade higher following a report that China will begin issuing a new special...

|By:, SA News Editor

Rare earth stocks trade higher following a report that China will begin issuing a new special tax permit to all rare earth producers that will be required in order to legally produce light rare earths, such as cerium and lanthanum, and the concentrates from which all rare earths are derived. MCP +2.7%, AVL +2%, REE +1.3%.