February 28, 2022
February 10, 2022
#China's 3-way merger of #rareearths miners strengthens its near-total dominance in #REE
The new entity, China Rare Earth Group, is being called an “aircraft carrier” given its size & industrial might, noting it will control 70% of China’s rare earths output #EV
...#China merges 3 #rareearths miners to strengthen d...:
January 31, 2022
Waiting for Fed rate hikes, #Mining Financings @Oreninc INDEX down as short-term outlook for metals turns bleak
Last Week: 64.48, This week: 47.61
The Oreninc Index decreased in the trading week ending January 28th, 2022 to 47.61 from 64.48 a week ago as the short-term outlook for metals turned negative after the FOMC meeting.
On to the money: the aggregate financings announced decreased to $99 million, a 2-week low, with 4 new brokered financings and 1 new bought-deal financings announced. The average offer size decreased to $4.5 million, a 2-week low, and the number of financings decreased to 22.
See the whole report here: Oreninc
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