Knowing what kind of investments hold the most potential is easier with “Rare Earth Riches,” which is why Absolute Wealth is releasing it to their subscribing members.
Austin, TX (PRWEB) May 19, 2012
US rare earth stocks are turning out to be more valuable than anyone could have imagined, according to today’s AbsoluteWealth.com article. Even though China has dominated rare earth production for the last decade, one specific mine could be the key factor in loosening America’s and other country’s dependence on the Far East for these significantly important metals.
The mine in question is Mountain Pass, a 2,200-acre site in California, just 60 miles across the border from Las Vegas. Just a little over a decade ago, the article said that Mountain Pass was the largest rare earth-producing mine in the world.
Things shifted to the Eastern Hemisphere, as China began producing rare earths at breakneck speed and eventually began to provide the vast majority of the world’s supply. A rare earth stocks list rarely included a successful American company in the past ten years, said the Absolute Wealth article. The scenario is fully explained in Absolute Wealth’s Special Report “Rare Earth Riches: How to Cash In On China’s ‘Dirty’ Secret.”
China continued its head-of-the-line position for years, rendering the Mountain Pass mine nearly obsolete. The article said competition and low prices mixed with environmental concerns over the extraction and production process led Mountain Pass to shut down in 2002. For eight years, the mine sat empty and silent.
In July of 2010 the Mountain Pass mine was purchased by Molycorp, who vowed to revamp the production methods and make them far more environmentally conscious. Mining operations have presumed, and Molycorp stands at the starting gate of a race to meet global rare earth demands, said AbsoluteWealth.com.
From its discovery in the late 1940s, to its heyday of production from the 1960s to the 1980s, to its closure, and now its reopening, the Mountain Pass mine is a perfect representation of the rare earth story.
All this makes investing in rare earths a worthy endeavor, especially with the American companies emerging as major players, said the article. Molycorp can serve as an example, and the Mountain Pass reopening can serve as a blueprint for a winning rare earth production strategy.
Absolute Wealth is an expert team of real investors and advisors devoted to identifying winning strategies for exceptional returns. Members subscribe to the Independent Wealth Alliance for professional investment analysis and recommendations on the latest trends and progressions. For more information and subscription instructions, visit AbsoluteWealth.com.
Knowing what kind of investments hold the most potential is easier with “Rare Earth Riches,” which is why Absolute Wealth is releasing it to their subscribing members. The rare earth stocks in the US with the means and resources to affect the investment market are coming out from behind the curtain, and the Special Report explains why.