Today’s news of an export hike on Neodymium lifted shares in several rare earth focused companies, including Ram Resources (ASX:RMR), Quest Rare Minerals (TSX-V:QRM), Greenland Minerals (ASX:GGG), Rare Element Resources (AMEX:REE), Rare Earth Metals Inc (TSX-V:RA) and Lynas Corp (ASX:LYC), which all rose at least 1%.

Several other players were little changed, including US producer Molycorp (NYSE:MCP) which slipped 0.6% and Avalon Rare Metals (TSX:AVL) which pulled back 0.7%, while Hudson Resources (TSX-V:HUD),Arafura Resources (ASX:ARU), Medallion Resources (TSX-V:MDL) and Great Western Minerals (TSX-V:GWG) all held steady.

Commerce Resources (TSX-V:CCE) and Tasman Metals (TSX-V:TSM) were among the worst performers, both falling more than 5%.