The Rare Earths MMI (Monthly Metals Index) saw a massive rebound after four months of sharp declines. All in all, the index rose by a whopping 14.36%. This enormous increase could indicate that prices for rare earth metals finally found a bottom between March and April. {chart} Chinese Rare Earth Metals Profits Still Declining: China’s mining and processing industries continue to experience a drop in profitability despite the nation’s attempts to keep its grip on the critical rare earths market. A key state-owned company, China Rare Earth Resources and Technology, reported a 45.7% decline in net profit and a 5.4% ... (full story)