Canada Rare Earth signs deals to buy permitted refinery, co-develop mine project in Laos
The refinery has a rare earth oxide production capacity of 3,000 tonnes per year.
Indian gold import data is much lower than expected, according to the Bombay Bullion Association, says Commerzbank, and this could have implications for physical prices. Commerzbank notes that the association says India imported “only” 125 tons of gold in the fourth quarter of 2011, with buyers hampered by a combination of high prices and high domestic interest rates.