Rare Earth Materials Market Updates - Atlanta Light Bulbs, Inc. Atlanta, GA

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Rare Earth Market Updates

Pricing Notifications: 10/17/2011 Letter from Gary Root Atlanta Light Bulbs President & CEO Since my last letter in early July, the cost and availability of rare earth phosphors continues to impact the price of all fluorescent technologies. We have been very proactive over the past few months by managing inventory levels to mitigate the impact of increased costs. However, our lower cost inventories are being depleted and many manufacturers have just announced further increases for shipments beginning in... Read Letter 7/1/2011 UPDATE Letter from Doug Root Atlanta Light Bulbs Director of Sales and Marketing Currently China has one-third of global rare earth deposits. China also processes 95% of the world’s supply. The Chinese government strictly controls the production and distribution of these rare earth deposits and has drastically reduced the amount which can be exported to other countries. This growing global shortage has caused cost to skyrocket while available supplies are increasingly limited... Read Letter 5/27/2011 Letter from Doug Root Atlanta Light Bulbs Director of Sales and Marketing I am sending this letter to update our customers on the current dynamic market conditions. This year we have experienced price increases from many of our factories. We have attempted to stay as competitive as possible. So far we have absorbed most of the price increases. Soon, however we will have to start passing these increases down... Read Letter	News: 2/21/2012 Molycorp To Launch Sequential Start-Up of New, State-of-the-Art Rare Earth Manufacturing Facility This Week "The launch of Project Phoenix’s sequential start-up is occurring well ahead of our April 1 deadline, and represents the accomplishment of a critical milestone in our project," said Mark A. Smith, Molycorp President and Chief Executive Officer. "When this new manufacturing facility is complete and running at full capacity, it will be the most technologically advanced, energy efficient, and environmentally superior rare earth facility in the world."... Read News Article 10/28/2011 More instability predicted as rare earth group cuts supply The lamp industry is set for more supply-side issues after China’s largest rare earth supplier suspended production for one month in an attempt to drive up prices... Read News Article 10/3/2011 Molycorp Set to Announce a Rare Earth Rediscovery An all-but-forgotten rocky outcropping in Southern California contains ore that could help break the country’s dependence on China for certain types of rare earth metals, according to the only American producer of rare earths... Read News Article 9/27/2011 American Elements CEO Projects Higher Prices for Numerous Rare Earth-Based Consumer Products Products as Diverse as Automobiles and Light Bulbs to Dental Services, Welding Goggles and Cable TV Fees Will All Be Affected—And Possibly Higher Taxes... Read News Article 8/11/2011 China begins new crackdown on rare earth sector In a notice posted on its website (www.miit.gov.cn), the Ministry of Industry and Information Technology (MIIT) said enterprises that exceed quotas or continue to employ environmentally destructive production techniques could have their quotas and licenses cancelled... Read News Article 7/29/2011 Japan June rare earth imports from China down 13 pct m/m Japan's imports of rare earths from China fell nearly 13 percent in June from May to their lowest level since February and a second month-on-month drop in a row, ministry of finance data showed on Thursday, as the price of the metal surged... Read News Article 7/23/2011 New rare-earths mines could protect U.S. high-tech industries In 2010, the world mined 133,000 metric tons of rare earths. Of that, all but 3,000 tons came from China. In the United States there is but one mine -- in Mountain Pass, Calif. -- responsible for the country's entire output... Read News Article 7/15/2011 China's latest rare earth move disappoints EU, US China eased export curbs for rare earth elements on Thursday, restoring them to near-2010 levels in a bid to appease trading partners, but the European Union said the move did not ensure stable supplies and the United States said the Chinese were heading the wrong way... Read News Article 7/15/2011 Rare Earth Prices Will Soar as China Easing Disappoints US, EU While the EU said the limited easing of export curbs will not ensure stable supplies the US said Beijing was moving in the wrong direction. China's vice-like grip on rare earths supply has been a thorn on the side of European Union as well as highly advanced countries like Japan and the US. The reasons are not far to seek... Read News Article 7/7/2011 Analysis: Underwater Rare Earths Likely a Pipe Dream Companies such as Molycorp, Lynas and Avalon Rare Metals may rest assured that developing the offshore bounty could take decades and cost billions, making it little more than a pipe dream, analysts say... Read News Article 6/20/2011 Rare earth prices surge as China tightens grip BEIJING — Prices of rare earths have skyrocketed this year as China moves to consolidate the sector in order to tighten its grip over the highly coveted minerals used in high-tech products, analysts said on Monday... Read News Article 6/17/2011 Rare Earth Prices Double in Two Weeks as China Seeks to Increase Control The cost of dysprosium oxide, used in magnets, lasers and nuclear reactors, has risen to about $1,470 a kilogram from $700 to $740 at the start of the month, Industrial Minerals said in an e-mailed statement. Europium oxide, used in plasma TVs and energy-saving light bulbs, has more than doubled... Read News Article 5/20/2011 China controls 95% of the global export market for rare earth China controls 95% of the global export market for rare earths and has not been shy about slashing quotas in the past year, a policy that has caused a surge in prices for the metals. The news has led to a sector-wide rally in rare earths stocks as the Rare Earth Stocks Index is surging 3.9%. Every member of the Index is in the green today... Read News Article 5/11/2011 Sourcing Rare Earths and Critical Minerals Within the last couple of decades, elements such as dysprosium, neodymium, europium and yttrium have become essential to the manufacture of products in health care, energy, computing, consumer electronics and the auto industry, hence the alarm over the news from China. Interruption in supply could have significant impacts on the U.S. economy... Read News Article


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