China's first rare earth exchange has amassed almost two billion yuan in trade since opening in March, a recent report has shown.

Chinese companies exported 2,353 tonnes of rare earths last month, nearly 31 percent more than the previous month, new customs data showed on Sep.8th.

Rampant illegal mining, black market dealing and smuggling has seriously disrupted the rare earths market and led to a nosedive in prices of the resources in China, a senior insider has said.

The share performance of the only two producers of rare earths outside of China Lynas Corp. (ASX: LYC) and Molycorp (NYSE MKT: MCP) in the past two would have suggested that the REE market has picked up some favourable winds.

The Ministry of Commerce has announced the second batch of rare earth export quotas for this year, and it has shown no signs of expanding the quotas this year, even amid rising global demand for the minerals.

A Chinese rare-earth magnet industrial alliance formed by seven firms has vowed to break a trade barrier created by a Japanese company through a patent monopoly.

The high demand in the current and emerging applications, increasing demand for clean energy, initiatives of associations and regulatory bodies, and the population trends are the major factors which drive the growth of the global rare earth metals market.The r...

Quest Rare Minerals Ltd. says a pre-feasibility study for the Strange Lake rare earth project in northern Quebec shows positive results, allowing conversion of mineral resources into mineral reserves.