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Rare Earths Outlook 2020: Trade War to Dominate Supply and Demand
What’s the rare earths outlook for 2020? Here analysts and CEOs share their thoughts on what’s ahead for the rare earths market.
Click here to read the latest rare earths market update.
Rare earths started the year as metals that few people outside of the sector knew about. However, by Q2, the critical metals were receiving mainstream attention as China considered cutting off US access, causing concerns about a supply shortage.
While the trade war did dominate the news cycle, prices were less volatile than expected; they spiked early in the year before slipping back down and remaining steady for the remainder of 2019.
Arctic Journal
NWT
The GNWT is helping to support mining companies by investing $100,000 in projects under the Mining Incentive Program (MIP).
The four recipients of the early December announcement include Cheetah Resources, Gold Terra Resources, StrategX Elements Corp., and BNT Gold Resources.
In August, the MIP invested $1 million in 19 mineral exploration projects. Seven of those companies are exploring for gold, diamonds, lead, zinc, rare earths, and other minerals. These companies included Fortune Minerals, North Arrow Minerals and Pine Point Mining.
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