IMC Rare Earths Ltd (IMC)

IMC Rare Earths Ltd is a mineral resource company whose ordinary shares are listed on the NYSE American. As its name indicates, the company is focused on rare earth elements, the group of metals used in permanent magnets for electric motors, wind turbines, electronics and defense applications.

Companies in this field typically explore for, evaluate and seek to develop rare earth deposits, and may pursue processing or separation capabilities to supply magnet and materials manufacturers outside of dominant existing supply chains. Shareholders should refer to the company's own filings for details of its specific projects and stage of development.