Lynas shares collapse on rumours of review in Malaysia

Rare earth producer Molycorp reported a Q3 loss on Thursday, but investors liked top line growth that jumped 49% to $205.6 million.

Australia's Lynas Corp (ASX:LYC) won Thursday the latest of a series of long-dragged legal battles against activists, which took the company to court for allegedly causing major health and environmental damages to the Malaysian population.

Molycorp Inc. (NYSE:MCP), one of the only non-Chinese producers of rare earths, has sued the engineering company responsible for designing the chemical processes at its troubled Project Phoenix for over $45 million in damages.

Imagine for a moment that you have a credit card with a limit of a few trillion dollars but with one caveat: you need to use those funds exclusively to provide for your family. It sounds easy, until you realize your “family” is 1.1 billion people...The Chinese government is in a similar position.

Scientists from France's Ecole Polytechnique have developed a remarkable new technology which extracts trace amounts of gold from industrial waste water.

Ailing economic growth in China is beginning to take a toll on miners and suppliers stateside.

Japan is set to commence imports of rare earth metals for India in order to hedge against worsening relations with chief supplier China.

Frontier is advancing the Zandkopsdrift rare earth project in South Africa and in December sold 10% of the venture to Kores for $23.8 million. The South Korean state-owned company now wants to ink a more comprehensive deal.

Talk of a bottom in rare earth prices seems premature as China's magnet factories run at 40% capacity.