Sep 22, 2012
Without rare earth elements, life as we know it would cease to exist. They're used in everything from iPhones to iPads to cars to every computer around. Right now, due to central planning, China has a virtual monopoly on the industry. However, companies like REE, with government support are working to change all that. They've got extremely rich deposits and hope to be producing in the near term. And since there's a potential shortage of rare earths around the globe, their timing might be perfect. But like any junior miner, do your research before pulling the trigger.