XING Qiao Xing Universal Resources, Inc. (MM)

It is estimated that China holds about 30 per cent of the world's rare earth deposits, but accounts for over 95 percent of global production. Demand for the metals is expected to surge going forward, as the elements are an integral part of modern technology. With China cutting rare earth quotas, and imposing heavier taxes, consensus is that North American rare earth explorers stand to benefit. The Bedford Report examines the Rare Earth Elements Industry and provides research reports on Rare Element Resources, Inc. (NYSE Amex: REE) and Qiao Xing Universal Resources, Inc. (NASDAQ: XING). Access to the full company reports can be found at:

www.bedfordreport.com/2011-04-REE www.bedfordreport.com/2011-04-XING

China's Land and Resource ministry recently announced that it would not approve any new prospecting or production licenses for rare earths, tungsten or antimony until June 30, 2012. China has begun to impose more discipline on its rare earths industry with a series of policies aimed at cleaning up the sector. The country has already cut export quotas by 35 percent for the first half of 2011.

Chinese officials have explained that such high levels of rare earth production are not environmentally sustainable, and that China needed to retain supplies for domestic industries.

The Bedford Report releases regular market updates on the industrial metals sector so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

North American and Australian companies are making efforts to begin producing rare earths as there are currently no separation facilities for the all-important "heavy" rare earths outside of China.

Canada-based, Rare Element Resources has a 100% interest in the Bear Lodge property located in northeast Wyoming. A recent economic assessment shows that the deposit has an internal rate of return of nearly 40 percent.

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