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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Qiao Xing Universal Resources, Inc. (MM) | NASDAQ:XING | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.635 | 0 | 01:00:00 |
From Jul 2019 to Jul 2024
www.bedfordreport.com/2011-02-REE
www.bedfordreport.com/2011-02-XING
China presently produces about 95 percent of the global supply of rare earth minerals, but said it would cut its export quotas by 35 percent year-on-year for the first half of 2011. China's Foreign Ministry spokesperson, Jiang Yu, argues that "Other countries with rare earth resources should also develop and exploit their resources and jointly shoulder the responsibility for rare earth supply."
While the US is making efforts, it is very late to the party. In fact, most mines outside of China are far away from production. Additionally, there are no separation facilities for the all-important "heavy" rare earths outside of China. For this reason many naysayers refer to the boom in North American Rare Earth stocks as a speculative bubble.
The Bedford Report releases regular market updates on the industrial metals sector so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.
A recent report from The Wall Street Journal suggests China is building up strategic reserves of rare earth metals in a move that could give it better control over the resource so indispensable to high tech products. According the report the effort "could give Beijing increased power to influence global prices and supplies in a sector it already dominates."
The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer
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Contact: The Bedford Report Email Contact
1 Year Qiao Xing Universal Resources, Inc. (MM) Chart |
1 Month Qiao Xing Universal Resources, Inc. (MM) Chart |
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