Rare Earth Elements

REEs are not rare.  The main problem is to find a rich clump of it.  And the clump has to have the lucrative elements.  After that, you need to mine it and to be able to ship it somewhere to process the product to the specification of the buyers.  Purification is apparently tailored for both buyers and the type of rare earth that is dug up from the ground.  Environmentalists start to raise its concern before the mine starts and even more active before the processing begins.

Once I owned ARU, bought at $1.60 in 2007 and sold at a loss at just over $1 a few months later.  It went higher after that.  But now it is under 30c.

Once I owned LYC, bought on the cheap and dumped at a nice profit due to political interference in Malaysia.  Could have made a lot more but then I would not have sold if there was no disruption to its plant in Kuantan.

I still hold ALK but this one will evolve first into a gold miner and then use that cash to slowly develop its other assets, including REEs.  At least it is in the green zone... just.