These surging rare earth elements stocks are worth a deeper look | 2024-01-11 | Investing News

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  • The global rare earth element (REE) market is expected to reach US$32 billion by 2030
  • People are looking for sources outside of China, which produces as much as 90 per cent of global processed REEs, and Russia is also working to become the second biggest producer by 2030
  • Canadian mineral exploration company Neotech Metals rose more than 155 per cent during intraday Wednesday trading, and Ucore Rare Metals’ share price is up more than 27 per cent in the past year
  • Ucore Rare Metals Inc. opened trading at $0.94 per share and Neotech Metals Corp. opened trading at C$2.42 per share

Neotech Metals (CSE:NTMC) has been leading the CSE in gains and if you haven’t made a move on the stock, now could be the time.

The Canadian mineral exploration company rose 176.19 per cent in Wednesday trading. This followed an 85 per cent spike from mid- to late December 2023, though that was followed…

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