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Avalon Rare Metals Inc.

5/23/2013, 10:35 PM ET

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Tuesday, May 21, 9:10 AM Premarket gainers: SDBT +66%. YGE +27%. EMKR +16%. HSOL +15%. JASO +13%. SOL +11%. LEDS +9%. NM +9%. TSL +8%. ACRX +8%. MCP +7%. AVL +7%. JKS +7%. RSOL +7%. LDK +7%. CSIQ +7%. REE +6%. DRYS +6%. SKS +6%.
Losers: FSGI -46%. CIMT -10%. CUK -7%. NBG -6%. CCL -6%. Comment! [On the Move]
Tuesday, May 21, 8:05 AM Molycorp (MCP) +5.4% premarket on a report that China exported 2,196 metric tons of rare earth in April, a 28% rise from March, and 6,112 tons in the first four months of this year, double the year-ago volume. The data indicates bargain hunting may be reviving global demand for rare earth metals. Comment! [Commodities, On the Move]
Wednesday, April 17, 7:50 PM Avalon Rare Metals (AVL) says the results from feasibility studies for its Nechalacho rare earth elements project confirm that it's "technically feasible and economically robust." The company said total project construction capital costs are $1.575B, which is inclusive of a 13% contingency and $122M in sustaining capital. Operating costs will average $264.5M per year, while revenue sould average $645.8M per year. Shares +2% AH. 2 Comments [Commodities, Global & FX, On the Move]
Thursday, January 10, 9:46 AM Molycorp (MCP -19.3%) plummets at the open after projecting lower-than-expected revenue and cash flow this year due to weakening rare earth prices. J.P. Morgan cuts its price target on shares to $5 from $8: "We continue to believe MCP will likely have to seek additional capital beyond just a revolver and/or equipment leaseback." AVL -3.9%, REE -3.1%. 2 Comments [Commodities, On the Move]
Friday, December 28, 2012, 10:22 AM China sets its H1 2013 export quota for rare earth resources at 15.5K metric tons to be split among 24 domestic producers. The quota is not always met due to weak global demand; China exported only ~13K metric tons of rare earth ores, metals and compounds in the first 11 months of this year, less than half the full-year 2012 quota. 4 Comments [Commodities, Global & FX]
Monday, December 10, 2012, 3:19 PM Lynas' (LYSCF.PK, LYSDY.PK) plans to ramp up rare earth materials via its new Malaysian plant suffer a setback, as four ministers say it must export waste material in Malaysia or risk having its operating license revoked. The ministers' statement followed reports citing Lynas Malaysia's director as saying the company would not export residue from the plant. MCP +19.8%, AVL +10%, REE +9.5%. 7 Comments [Commodities, Global & FX, On the Move]
Monday, December 10, 2012, 11:35 AM Molycorp (MCP +15.7%) soars, taking the rest of the rare earth sector with it (AVL +6.2%, REE +11%, REMX +1.7%). Traders describe the move as the continuation of a short squeeze in Molycorp - whose shares dropped below 6 in mid-November after being in the mid-30s 7 months earlier. Adding fuel is a report Interactive Brokers has said there is insufficient stock available for short sales. 11 Comments [On the Move, Commodities]
Wednesday, September 19, 2012, 10:41 AM As the Arctic melts, the scramble is on for oil, gas and rare earth minerals as they become newly accessible along with increasingly navigable polar shipping shortcuts. So it's no surprise that China is becoming a far more aggressive player in the area, provoking alarm among Western powers. Rare earth names are slightly higher: MCP +1%, AVL +1.7%, REE +0.8%. 14 Comments [Commodities, Global & FX]
Friday, September 14, 2012, 9:49 AM Ford (F) says it’s cutting consumption of rare earths used in its hybrid and electric cars by 500K lbs./year and will save hundreds of dollars per car in the process. But shares of rare-earth leader Molycorp (MCP +5.6%) shoot higher anyway, adding to gains a day after China announced a 40% cut in the number of permits to mine rare earths. REE +5.7%, AVL +4.5%. 8 Comments [Commodities, On the Move]
Thursday, September 13, 2012, 11:38 AM Molycorp (MCP +4.8%) shares rip higher on a report that China is reducing rare earth mining licenses by 40%. The number of licenses had been 113, according to Securities Journal. The news is seen as positive for companies holding existing licenses as future competition may now be limited. Also on the move: REE +3.4%, AVL +2.6%. 5 Comments [Commodities, On the Move]
Monday, July 23, 2012, 11:57 AM Shares of Molycorp (MCP -5.6%) hit a 52-week low as the WTO reportedly launches an investigation into China’s export quotas and tariffs on rare earths, tungsten and molybdenum. The average Chinese export price of rare earth oxides soared 537% in 2011 vs. 2010 and was 10% higher Y/Y in the first five months of 2012, according to Bloomberg data. REE -3.7%, AVL -1.4%. Comment! [Commodities, On the Move]
Friday, July 6, 2012, 2:36 PM While downgrading Avalon Rare Metals (AVL), Dahlman Rose's Anthony Young finds two stocks he likes in the rare earth sector: Molycorp (MCP) and Rare Element Resources (REE). The two have the "highest likelihood" of completing projects and generating cash flow in the current environment, he says. 1 Comment [Commodities]
Friday, July 6, 2012, 2:08 PM Shares of Avalon Rare Metals (AVL -6.4%) slump after Dahlman Rose tags the company with a downgrade to Hold from Buy. Analysts see rare earth pricing staying range bound over the next 12 to 18 months. At $1.49 a share, AVL is closing in on a 52-week low. 1 Comment [On the Move, Commodities]
Thursday, July 5, 2012, 5:05 PM Rare earth stocks give up much of their big early gains that followed a report of China hoarding the materials as prices continue to fall. Upon closer scrutiny, little is known about how much is going to stockpiles, whether exports will cease, how China would get prices up without foreign customers and whether it will exempt Chinese end-users. MCP +1.1%, AVL +2.5%, REE +1.7%. 2 Comments [Commodities]
Thursday, July 5, 2012, 10:05 AM Avalon Rare Metals (AVL +3.6%) shares jump on late Tuesday's news that the company bought out the 3% Calabras/Lutoda Net Smelter Return royalty on its Thor Lake property in the Northwest Territories for $2M. Thor Lake encompasses AVL's flagship Nechalacho Rare Earth Elements Deposit. Comment! [Commodities, On the Move]
Wednesday, June 20, 2012, 10:57 AM Rare earth stocks (REMX +1%) extend yesterday's gains as rumors of tighter regulation on rare earth mining production from Chinese authorities gain traction, with a new report from Xinhua sparking further interest today. MCP +8.8%, REE +6.8%, AVL +5.2%. 2 Comments [Commodities, On the Move]