American Rare Earths Ltd in good position in the US market , according to Taylor Collison proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.
The
Rare Earths Monthly Metals Index (MMI) surged by 20.5% this month, as last month China indicated it is mulling stricter rare earths regulations.
China to consider stricter rare earths regulations
As nations and businesses around the world make pledges to commit to net-zero emissions targets, demand for rare earths will only increase.
Rare earths, a series of 17 elements, make their way into a variety of high-tech applications. Those include everything from the consumer electronics that have become ever-present in people’s lives to military applications to renewable energy installations.
With respect to renewable energy, wind power requires rare earths like neodymium, dysprosium and praseodymium.
Sen.
Marco Rubio, Florida Republican, said the institutes engage in covert influence operations designed to sway American public opinion and teach half-truths about China. Under pressure from the Trump administration, scores of the institutes were closed.
“For years, I have raised the alarm about the threat posed by Chinese government-run Confucius Institutes, and the FBI has warned that the Communist Party uses these entities to infiltrate American schools,” Mr. Rubio told Inside the Ring. “
President Trump and his administration took a positive step in mandating schools and universities disclose their partnerships with these agents of Chinese government influence. That President Biden would undo this important action is deeply disturbing.”
USA Rare Earth LLC has hired bankers to explore going public in a deal that could value the strategic minerals company at more than $1 billion, according to a source familiar with the matter and documents seen by Reuters.