Rare Earth Mineral Prices Fall By 41% As Mining Companies and Buyers Find Alternatives
September 29, 2011 at 09:18 AM EDT
BLOOMBERG — “Rare-earth prices are set to extend their decline from records this year as buyers including Toyota Motor Corp. and General Electric Co. scale back using the materials in their cars and windmills. Prices for cerium and lanthanum, the most abundant rare- earth elements, will drop by 50 percent in 12 months, Christopher Ecclestone, [...]