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Rare Element Resources Ltd. shares are currently trading up about 1.2% on the day.
FORBES: Bullish Two Hundred Day Moving Average Cross - REE
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But Mr Ambani brings a rare element to this mix.
ECONOMIST: Reliance bids for LyondellBasell
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At this point and for the foreseeable future, Avalon, (AVL) Molycorp (MCP), Rare Element Resources (REE) and others are proceeding to develop production facilities in the United States to reduce dependence on the unpredictable Chinese.
FORBES: Avalon Rare Metals Announces Shelf Registration
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The only thing that makes those technologies smaller, thinner, and lighter is the rare-earth element.
FORBES: 11 Next-Generation Commodity Names
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Peak neodymium is the latest threat to green energy, while doubt emerges over the security of many other element groups including the rare earths, the platinum group metals, and elements such as antimony, beryllium, gallium, germanium, graphite, indium, magnesium, niobium, tantalum and tungsten.
FORBES: Endangered Elements Pose Threat To Green Energy