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Personal opinion from me is rare earth prices being depressed to hoover up companies/projects cheap (china) but even in this climate rainbow would still make a very good profit.
Think as soon as Brazil is not just m.o.u. share price will rocket even without Brazil rainbow is worth at the least 3x at present share price
Rare Earths in the Defence Sector
In the defence sector, rare earths enable the development of more efficient, agile, and intelligent military capabilities and combat systems. They are now essential for, to name but a few examples:
night vision devices
precision guided weapon systems
communications equipment
navigation systems
batteries
stealth technology
drones
laser target designators
communication satellites
Alloys, superalloys, and high-performance metals are also used in armoured vehicles and projectiles to make them hard and tough. These rare earth metals and alloys can be found in a stand-alone weapon system or as part of subsystems that form part of a more complex weapon system such as a frigate or fighter aircraft.
UK to spend 2.5% of its GDP on defence and the rest of Europe to soon follow. 1 single frigate requires 1.5 tonnes of rare earths. USA and EU to stock pile rare earths from next year to ensure independent supply from China.
REeeTech, we may have a common line of thought here. there is a consensus from various parts of the ex China industry that RE prices are going the way that uranium has recently. Despite the recent hiccup, almost all market analysis, including Adamas, and Markets and Markets (published May 2024, ie just now) with a base line 0f 2023, are forecasting a 12.6% CAGR until 2030, assuming a base of $60,000/mT for NdPr Oxide, that's $150,000 in 2030. An extract of the report found here. (im not spending $4000 on the full report although i would love to read it) https://www.marketsandmarkets.com/Market-Reports/rare-earth-metals-market-121495310.html?gad_source=1&gclid=Cj0KCQjw_-GxBhC1ARIsADGgDjv96Lx_Frc8vHyBepSxKqVAzQ0Man_caoLcGLj3uX8ZGNr8P4MbJ5gaAjANEALw_wcB
Think you need to get back on that 'slow boat' mate , no one is listening here. TTFN.
Https://www.miningweekly.com/article/energy-fuels-building-up-its-monazite-supply-chain-for-ree-production-2024-05-06
Mumbles2021,
These publications indicate that the situation is changing for the better.
Https://australianminingreview.com.au/news/high-quality-mrec-produced-from-yin-monazite-concentrate/
"known for a long time" another sweeping statement without any verification whatsoever, and how the internet is packed with self verifying sweeping evidence. REEs are going to be massively important for at least 30 years before new technology even has a chance to negate their need. Chinese gutted re Rainbow ? Yup !
Mumbles2021
My opinion is that the situation can be reversed by introducing energy-efficient technologies based on new new physical principles in conjunction with chemical technologies. It is not possible to do this with chemical technologies alone (known for a long time).
ReeTech this is a classic example of posting out of context. If the article in the Wall Street Journal is read, it gives a history lesson about how the Chinese came to dominate the Rare Earth Industry, including the quotation "I built my own gallows", by Michell Spencer. He said this in 1998, 26 years ago. The context of the current discussion is how the situation needs to be reversed if security issues are to be avoided, and that it isn't an easy task. BUT THAT IT HAS TO BE DONE.
Another skilful cut+paste Reet,another 50p ?
Https://sputnikglobe.com/20240504/cold-war-consequences-us-scrambles-for-rare-earth-magnets-produced-in-china-1118258840.html
“I built my own gallows,” said Mitchell Spencer, an engineer with the company who trained Chinese workers at a manufacturing plant in the city of Tianjin.
IMO lying and suppressing prices to try and stop development of new producers and the fact we can operate at their lowest range for a green product really ticks them off. Shame !
no, the news is china is ****ti itself over re competition.
What a wonderful news. The price of REE has come into balance.
The primary causes of this decline in profits are China's economic problems and other nations' readiness to establish their own supply chains for rare earth elements. China has long held a commanding position as the world's largest producer of rare earths. But the nation's industry ministry recently admitted that rare earths now remain "undersold" and "wasted" as a result of "vicious competition."
https://oilprice.com/Metals/Commodities/Chinas-Rare-Earth-Dominance-Faces-Challenges-As-Global-Supply-Chain-Shifts.amp.html
And that measly 35kg is many. many multiples of what could or might be extracted from the feed stock that you tried to pass off as concentrate (carbonate).Do they really pay you for your amateurish attempts, how much per post?
Well it seems the 35kg has certainly goy your Chinky mates wound up and it's weighing heavy on their minds ATM and even heavier on their strategic control of green and defence REEs-Shame ! The US govt. also seem quite impressed with the first 35kg,Full capex confirmation and build start might upset them a tad more. Concentrate pea brain (maybe carbonate)
Since when did 35 kg of MREC begin to be considered industrial?
However, processing PG for the extraction of REEs and other valuable elements had not been industrially realized
Well it has now, pea brain.
Http://projects.gtk.fi/export/sites/projects/Morecovery/documents/7_REE_extraction_PG_Canovas_EIT.pdf
Phosphogypsum Huelva (Spain) - obtained from Moroccan phosphorite
"However, processing PG for the extraction of REEs and other valuable elements had not been industrially realized. Trace concentration of REEs in the PG (normally
"However, processing PG for the extraction of REEs and other valuable elements had not been industrially realized. Trace concentration of REEs in the PG (normally
Phosphogypsum Processing for Rare Earths Recovery—A Review
"PG was considered a potentially valuable source of REEs. For the phosphate rocks with different REE grades it was concluded that most (60% - 70%) of the initial REE contents were incorporated to the PG during the wet-process of phosphoric acid [5] - [11]. As much as 5 tonnes of PG were produced for each tonne of P2O5 affected by the composition of the phosphate rock [12]. It was estimated that 170 or even 280 million tonnes of PG were globally produced annually. If assume the average content of REEs in the PG being 500 mg/kg the potential source of REEs from the PG would be annually 85,000 - 140,000 tonnes. It was estimated that in Florida alone, approximately 30,000 tonnes of REEs were discarded with various phosphate mining wastes annually [1]. In South Africa up to 85% of REEs were precipitated with PG during the acidulation of Phalaborwa phosphorite with sulphuric acid [13]. Similarly, in Poland 70% of REEs were found in PG during dihydrate process for the Kola phosphorite [14]. In Finland, the Siilinjärvi mine annually produced 1.3 million tonnes of apatite concentrate and meanwhile, around 1.5 million tonnes of PG were produced from the processing of the apatite concentrate. It was estimated that the majority (60% - 80%) of REEs from the apatite concentrate, that is, over 2000 tonnes of REEs annually, were deposited into the waste in the mine.
However, processing PG for the extraction of REEs and other valuable elements had not been industrially realized. Trace concentration of REEs in the PG (normally