A good read for anyone considering investing in small REE miners. I'm not sure if Mord posted this here because he thought it related to QREDF or just incase shareholders here have REE miner stocks as well.
For any newbies who are confused, that article doesn't cast QREDF in a negative light. The article is warning about small mining companies that currently target REE's that already come out of China, for which there is adequate supply for the demand. As well as miners digging up REE's that there isn't any demand for. Niobium doesn't fit that description and it is a strategic metal not a rare earth element to begin with. It also isn't mined in China. All current data shows a steady increase for demand in Niobium, especially from China. If anything China is looking for a stake in a Niobium miner.
From the article:
"Lifton went on to state that because investors have placed too much emphasis on REE groupings as opposed to individual elements, production of many REES is set to exceed demand moving forward.
“Investors should understand there is no single REE market. There is a market for some of the individual REEs – the critical REEs. But for at least half of the REEs, production and usage are tiny and there is no ‘market’ to speak of,” he said.
Lifton underlined that he disagrees with the theory that all REE prices will collapse, and forecast that critical elements will maintain strong demand and pricing because there is no significant production outside of China"
