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Emerging Metals starts life on AIM
Mon, 01 Dec, 2008
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Emerging Metals starts life on AIM
Tue, 1 Jul 2008, 16:15:00
<b>Emerging Metals Limited</b>, a mining company focused on minor metals and rare earth elements, started trading on AIM this morning.<br /><br />The group said it will take advantage of an anticipated imbalance in the supply of, and demand for, Investment Minor Metals, which the directors believe will cause a rise in market prices for these metals.<br /><br />"The market trend for Investment Minor Metals has been one of rising prices, driven by classic supply and demand economics," said chief executive Mitch Alland.<br /><br />"We believe that the minor metals market is only partially into its upward cycle and that the current upward trend in the minor metals sector could continue for a number of years as China - which has historically been the major supplier of a significant number of the Investment Minor Metals - struggles to meet global demand as it introduces a tighter strategic management policy of its resources," he added.<br /><br />
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