Lynas and Molycorp, both claim they have the world's largest rare earth deposit outside China, are busy.
Lynas is defending itself after NYT reported on the environment concerns of its refinery in Malaysia. It told AP the effects of exposing to the radioactive elements is less than that of using a cellphone. The NYT story said locals connects a rare earth refineries before with birth defects and leukemia. AP: Malaysia monitors Aussie rare earth plant
Molycorp released its quarterly report. Its loss narrowed, sales soared nearly ten fold, the company said in a statement. It also said China might become a net rare earths importer in four years in a statement. Business Week: Molycorp Says China May Be Net Rare-Earths Importer by 2015
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Lynas is defending itself after NYT reported on the environment concerns of its refinery in Malaysia. It told AP the effects of exposing to the radioactive elements is less than that of using a cellphone. The NYT story said locals connects a rare earth refineries before with birth defects and leukemia. AP: Malaysia monitors Aussie rare earth plant
Molycorp released its quarterly report. Its loss narrowed, sales soared nearly ten fold, the company said in a statement. It also said China might become a net rare earths importer in four years in a statement. Business Week: Molycorp Says China May Be Net Rare-Earths Importer by 2015
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