Rare earth names show strength, perhaps stemming from two Reuters stories overnight: Molycorp...

|By:, SA News Editor

Rare earth names show strength, perhaps stemming from two Reuters stories overnight: Molycorp (MCP +12.1%) CEO Mark Smith told a mining conference that the company is on track to hit Q1 sales targets, helped by sharp price increases and collapsing volumes from China. Also: CHGS +34.5%, SHZ +20.3%, REE +13.6%, RES +13%, AVL +8.4%.