RE: 🚀 ROCKFIRE RESOURCES THE NEXT BILLION-DOLLAR MINING TAKEOVER!4 Feb 2025 21:49
My last buy showing as a sell! This is all getting very exciting. We have the best and rarest sought after REMs and precious metals in vast quantities and the entire Western world needs them for all aspects of tech and modern life including motor industry, military, computer systems, communications equipment & systems and medical sector and even manufacturing equipment. Just about everything you can think of and more. Suddenly the world markets for these has changed now China banned export to West for Germanium and global supply reduced astronomically and we have it all for the taking in an easy friendly jurisdiction with infrastructure. I guess it simply depends on the highest bidder! IMHO DYOR GLA
‘Rockfire Resources plc (LON: ROCK), the base metal, precious metal, and critical mineral exploration company, wishes to inform the market that on 3rd December 2024, China officially banned all exports of the geologically rare mineral, Germanium to the United States of America. https://www.reuters.com/markets/commodities/china-bans-exports-gallium-germanium-antimony-us-2024-12-03/
This could have highly significant positive consequences for the Company's 100%-owned Molaoi zinc project in Greece, which hosts germanium as a potentially valuable by-product from any future production.
Germanium is listed on both the US and the EU critical mineral lists. Rockfire has 1.09 million tonnes of zinc, 260,000 tonnes of lead, 19.1 million ounces of silver and germanium as a by-product at Molaoi. An internal, non-code-compliant assessment of germanium by-product is approximately 4.8 million tonnes, with an expected average grade of 21.9g/t Ge. Metallurgical tests demonstrate that grades of 117g/t Ge report to a zinc concentrate (Further details can be found in Rockfire's resource upgrade in the RNS dated 4th September 2024).‘