Advertisement
Canada markets close in 3 hours 39 minutes
  • S&P/TSX

    21,828.94
    -44.78 (-0.20%)
     
  • S&P 500

    5,022.73
    -48.90 (-0.96%)
     
  • DOW

    37,941.27
    -519.65 (-1.35%)
     
  • CAD/USD

    0.7301
    +0.0004 (+0.05%)
     
  • CRUDE OIL

    82.59
    -0.22 (-0.27%)
     
  • Bitcoin CAD

    87,618.27
    -894.08 (-1.01%)
     
  • CMC Crypto 200

    1,389.13
    +6.56 (+0.47%)
     
  • GOLD FUTURES

    2,342.90
    +4.50 (+0.19%)
     
  • RUSSELL 2000

    1,970.49
    -24.93 (-1.25%)
     
  • 10-Yr Bond

    4.7040
    +0.0520 (+1.12%)
     
  • NASDAQ

    15,496.75
    -216.00 (-1.37%)
     
  • VOLATILITY

    16.51
    +0.54 (+3.38%)
     
  • FTSE

    8,078.86
    +38.48 (+0.48%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • CAD/EUR

    0.6810
    -0.0009 (-0.13%)
     

Couloir Capital Ltd. Is Pleased to Announce the Initiation of Research Coverage on MP Materials Corp.

Vancouver, British Columbia--(Newsfile Corp. - October 26, 2021) - Couloir Capital is Pleased to Announce the Initiation of Research Coverage on MP Materials Corp. (NYSE: MP) The report is titled, "Overvalued at the Current Price Level; Major Risk with NdPr Price Correction." The report contains an overview of rare earth metals, the NdPr market, supply / demand factors and a price look for NdPr. Couloir Capital's senior analyst is a CFA and a QP or Qualified Person for mining and mineral valuation finance.

Report excerpt: "The processing and separation of rare earth is a complex process and mostly radioactive material handling is associated with the process. This results in more permitting time and more time to stabilize a new processing facility.

"We are not expecting any significant increase in the supply of NdPr oxide outside China for 2-3 years. But with multiple projects in line, we are expecting China will lose its dominance in the NdPr oxide market from 80% to about 60% by 2030. This additional supply will also put pressure on the NdPr oxide price in the long term."

ADVERTISEMENT

The report can be accessed through Couloir Capital's portal: https://www.couloircapital.com/research-portal

About Couloir Capital

Couloir Capital is an investment research firm comprised of a team of veteran investment professionals dedicated to providing world-class opportunities in the natural resource exploration and development sectors along with real and alternative asset classes and strategies. Couloir Capital Ltd. is affiliated with a registered securities dealer, Couloir Capital Securities Ltd., and an investment entity, the West Cirque Fund Limited Partnership.

For further information, please contact:

Rob Stitt, Managing Director, Couloir Capital Ltd.

Email: rstitt@couloircapital.com

www.couloircapital.com

Analyst Disclosure: The analyst and/or affiliated companies holds a short position share of MP.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100967