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Rare earth miners are shooting higher after a paper from GE's Lighting division, which relies...

Rare earth miners are shooting higher after a paper from GE's Lighting division, which relies heavily on rare earth minerals, states that "further price increases seem highly likely." GE also suggests stockpiling by dealers due to soaring prices is making a bad situation worse. MCP +5.3%. REE +4.9%. SHZ +7%. AVL +4.7%.
Comments (3)
  • brikla
    , contributor
    Comments (3) | Send Message
     
    Thanks for the timely "Market Current" ;-> I caught the updraft! +5%
    26 Jul 2011, 03:53 PM Reply Like
  • Sam Liu
    , contributor
    Comments (3864) | Send Message
     
    DIDN'T GE sell its lighting division a while back?
    27 Jul 2011, 01:29 AM Reply Like
  • Dana Blankenhorn
    , contributor
    Comments (5718) | Send Message
     
    GE has plenty of cash to solve this problem by buying a rare earth mining co.
    27 Jul 2011, 12:13 PM Reply Like
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