Resumen de Mineral prices slow off the mark in 2013

• "A'wringing out' of the volatility in [rare earth] prices will be a welcome sign, and will provide clarity to investors looking to evaluate the present value of every rare earth project with a preliminary economic assessment (PEA) or other advanced study completed on it," he added.

  "Volumes traded have been fairly sluggish and it hasn't been good for rare earths. Prices collapsed in the last couple of months, so now we're looking at opportunities," [Ajit Misra] said.

  "Two additional mines are commissioning for 2013 production (Galaxy Resources Ltd. and Canada Lithium Corp.), which have a combined capacity of 37,000 tpa of lithium carbonate, representing roughly 23% of 2012's 160,000 tonnes/year capacity. This supply is dependent on the successful execution of the ramp up of these projects, but it may put a damper on the rise of lithium carbonate prices in 2013," he said.