Tuesday, November 24, 2020

Battle for rare earth metals will intensify

 https://www.wealthdaily.com/articles/investing-in-rare-earth-stocks-our-top-3-picks-for-2020/93781

 

Western Australia’s Lynas Corp. (ASX: LYC), the only other major rare earth producer outside China, was up 16% in a matter of days.

Toronto-based Avalon Advanced Materials Inc. (TSX: AVL), which was exploring a feasibility-stage rare earth project, surged by 33%. 

And Canadian-based junior miners including Geomega Resources Inc. (TSX-V: GMA), Ucore Rare Metals Inc. (TSX-V: UCU), and Commerce Resources Corp. (TSX-V: CCE) climbed 13%, 48%, and 21%, respectively.

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