News flow from two of the leading rare earth companies
Nothing much is changing as one week rolls into the next.
The leading indices are moving higher round the world but
our Metals and Mining Index continues to weaken. The
smaller end of the market is still struggling. This must be
the most boring market for a long time - perhaps 10 years.
This week we update readers on news flow from Hastings Metal Technologies and Lindian Resources. Shares of both have fallen in line with rare earth metals prices, but Hastings has had company specific issues to deal with such as escalating capital costs. The Lindian share price has fallen ... because it has.
There is also a note on the irrationality of the s708 regulations.