SOURCE: Paragon Financial Limited

Paragon Financial Limited

February 02, 2012 08:20 ET

Shares of Molycorp and Rare Element Resources on the Upswing as Demand Outlook Brightens

The Paragon Report Provides Equity Research on Molycorp & Rare Element Resources

NEW YORK, NY--(Marketwire - Feb 2, 2012) - Rare Earth stocks had a strong January. The Market Vectors Rare Earth/Strategic Metals ETF -- which seeks to replicate the price and yield performance of foreign and domestic equity securities of publicly traded companies primarily engaged in a variety of activities that are related to the producing, refining and recycling of rare earth and strategic metals and minerals -- skyrocketed an impressive 18.6 percent last month as favorable economic data raised hopes that demand for the 17 rare earth metals would strengthen. The Paragon Report examines investing opportunities in the Rare Earth Industry and provides equity research on Molycorp, Inc. (NYSE: MCP) and Rare Element Resources Ltd. (NYSE Amex: REE) (TSX: RES). Access to the full company reports can be found at:

A World Trade Organization (WTO) appeals panel confirmed Monday that China's export restrictions on raw materials such as bauxite and magnesium violated global trade rules. While rare earth metals were not part of Monday's WTO ruling, Reuters argues that the WTO ruling against China's restrictions on raw material exports could force changes to some of its rare earth policies.

A number of U.S. lawmakers urged the United States to use the WTO decision to launch a new case to force China to lift its rare earth export restrictions.

The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the rare earth industry register with us free at and get exclusive access to our numerous stock reports and industry newsletters.

Shares of Rare Element Resources skyrocketed 20 percent earlier this week. Rare Element Resources was specifically created to develop the Bear Lodge rare-earth-element and gold deposits in northeast Wyoming. The deposit, virtually all of which is located on claims owned by Rare Element Resources, also has an association with significant nearby gold occurrences and some copper mineralization, according the REE's website.

Molycorp, Inc., a development stage company, focuses on the production and sale of rare earth oxides from stockpiled feedstocks in the western hemisphere.

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