Seminar paper from the year 2013 in the subject Business economics - Investment and Finance, grade: A, The University of Chicago, language: English, abstract: Lynas Corporation Limited and Greenland Minerals and Energy Limited are two competing Australian-based mining companies which specialize in the extraction and processing of rare earth minerals, a group of around 15 metallic elements which are gaining in prevalence in the global market due to their application as a factor of production in high-grade technology. The rise in demand coupled with an export quota on rare earths imposed by China, who produces the largest output of rare earth minerals in the world, makes the industry quite attractive to potential companies who wish to profit from the supply shortage. At this point in time, Lynas and Greenland are still quite new to the industry and still in the process of collecting all their capital requirements (which requires costly mine drilling, construction work and machinery), which means that their income statements have been recording losses for the last few years. However, a thorough analysis of both companies demonstrates that they have high prospects for the future in this high-risk industry.
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