Future Looks Bright for Molycorp: A Closer Look at the Rare Earth Metal Giant

Purchasing commodity producing equities has been extremely profitable for most investors over the past year as a weak dollar and supply issues have driven up everything from soft commodities to industrial and precious metals. The sharp gains have also carried over to the dynamic rare earth metal market where fears over Chinese export limits as well as the metals’ critical nature to a variety of 21st century technologies dominate the price movements of this group of elements. In fact, according to Metal-Pages, from October 2009 through December 2010, prices for rare earths have risen by approximately 780% on average.