News: Canada Rare Earth Enters Into Four Sales Contracts

Mississauga, ON -- (SBWire) -- 10/25/2016 Media, Inc. ( announces its latest article titled "Canada Rare Earth Enters into Four Sales Contracts."

Companies mentioned in this article include Canada Rare Earth Corp. (TSX-Venture:LL).

Article Excerpt:

The rare earth market collapsed in 2011 as demand dropped substantially due to skyrocketing prices. While demand for rare earth metals surged on the back of increasing use of smartphones and tablets, much of the rare earth supplies at the time were controlled by China as the country placed export quotas, which pushed prices higher initially higher.

Around that same time, several North American producers began working on new projects outside of China. Just as the new supplies hit the market, demand fell sharply as manufacturers began using substitutes for rare earth due to the prohibitive pricing. The market though may be about to undergo another change.

The full version of this article can be found at:

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Contact: Media, Inc.
Peter Szafranski -- President
Phone: 905-361-5680
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Peter Szafranski

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