Thursday, January 7, 2016

Intergalactic Rare Earth Penny Stocks

My grades in highschool chemistry had been lower than stellar. The only factor I really recall is memorizing the periodic desk. Had my science instructor knowledgeable me that the obscure rare earth elements would eventually set Wall Road on fire, I may have been more attentive.

Rare Earth Parts (REE) or uncommon earth metals are a set of seventeen chemical elements in the periodic table, particularly scandium (#21), yttrium (#39), and the fifteen lanthanoids (#’s fifty seven -71 on the periodical table). We are able to even embody platinum (#seventy eight) and uranium (#92) as well.

REE components are integrated into many fashionable technological units; you can't construct a Prius, an correct missile, or a wind turbine with out them. They are additionally important to new technologies akin to iPhones and flat screen televisions, inexperienced energy technology such as photo voltaic and geothermal, and demanding to the way forward for hybrid and electric cars. Simply obtainable sources of Rare Earth Components are additionally changing into much less frequent.

Not less than on Earth. Not too long ago, astronomers used the Suzaku orbiting X-ray observatory, to find the largest recognized cache of rare metals within the universe so far. Suzaku detected the weather chromium and manganese whereas observing the central region of the Perseus galaxy cluster, which lies 225 million gentle-years from Earth.

The portion of the cluster inside Suzaku's subject of view is some 1.4 million light-years throughout, or roughly one-fifth of the cluster's whole width. It contains a staggering quantity of metal atoms: The amount of chromium is 30 million instances the sun's mass, or 10 trillion instances Earth's mass. The manganese reservoir weighs in at about 8 million solar masses.

Evidently, if we could figure out become miners of intergalactic uncommon metals, we might. But, for the time being, we can't.

And because of the specter of an export boycott by China, which controls about 95% of the current international provide of rare earth parts, the stocks of the few non-Chinese corporations with uncommon-earth mines are some of the most tasty penny stocks for speculative players.

Uranium and vanadium producer Denison Mines Corp (DNN–AMEX / DML-TSX) is a financially strong firm with a robust exploration and development portfolio, and international land positions. While the corporate lately announced that its McClean Lake uranium mill will be put in a care and upkeep mode in mid-2010, the company’s Wheeler River three way partnership may, in time, drive Denison’s progress.

American Lithium Minerals, Inc. (AMLM - OTCBB) is an modern growth stage firm that has strategically acquired pursuits in America's richest lithium reserves. In June, the corporate announced the closing of its acquisition of 16,000 acres within the lithium-rich Montezuma Valley, Nevada. On September 23, it introduced it began work on the Montezuma Valley project. In November, AMLM announced it signed a Letter of Intent to Purchase Premier Lithium Property in Utah.

The rising need for batteries used in hybrid and electrical cars will trigger demand for lithium, the important thing ingredient in the subsequent technology of batteries, to surge from a projected eleven,000 metric tons in 2012 to nearly ninety,000 metric tons in 2020.

The electrical motor in a Toyota Prius uses about 2 kilos of neodymium in its everlasting magnets. Every Prius battery also uses 20 to 30 pounds of another rare earth component, lanthanum.

Avalon Rare Metals Inc. (AVL – TSX) is a mineral exploration and development firm centered on the rare metal deposits in Canada. Its flagship challenge, the one hundred%-owned Nechalacho Deposit, Thor Lake, Northwest Territories, is rising as one of the largest undeveloped uncommon earth elements sources on this planet.

Avalon has returned very excessive-grade drill outcomes and their Thor Lake deposit has excessive concentrations of heavy uncommon earth components, nearly double the everyday concentration. Avalon presently owns five uncommon metal and mineral tasks in Canada, 4 of which are at superior phases of improvement.

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