Rupert Verco, Managing Director of Cobra, commented: "We have long highlighted the importance of advancing alternative and secure supply chains of critical rare earth minerals. Cobra is uniquely developing what aims to be the world's first in situ recovery rare earth mine outside of China, that will enable it to be cost competitive with China, with high environmental stewardship. We have an asset with the right geology, enriched in heavy rare earths and amenable to the right mining process to bypass the environmental and operational challenges associated with processing clay ores. We are well positioned to benefit from increases in REE pricing and demand."7 Apr 2025 15:19
Rupert Verco, Managing Director of Cobra, commented:
"We have long highlighted the importance of advancing alternative and secure supply chains of critical rare earth minerals. Cobra is uniquely developing what aims to be the world's first in situ recovery rare earth mine outside of China, that will enable it to be cost competitive with China, with high environmental stewardship.
We have an asset with the right geology, enriched in heavy rare earths and amenable to the right mining process to bypass the environmental and operational challenges associated with processing clay ores. We are well positioned to benefit from increases in REE pricing and demand."