The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Due to the fact that the current price of rare earth is close to the company's cost line, and the state's supervision on the uppermost reaches of the rare earth industrial chain has increased again, it is expected that the trend of continued decline in the prices of rare earths in China will ease in the second quarter
Copper is now in short supply after the Panamanian government shut down a huge copper mine.
the pea is audited by a independent competent person.
the pilot plant has produced actual product in a copy of the full size production process.
us government has forwarded $50m to setup production.
k-tech testified to congress (legally binding) about their confidence in the project.
so yeah loads of results.
but good to know that a nobody, who doesn't understand chemistry economics or industrial processing thinks its **** enough to setup a sock puppet account to talk bollxs.
>>1000 times
Yet you don't have the most basic understanding of what thre project is trying to achieve and how.
Keep asking questions, I'm happy to explain it again.
>>These are additional costs.
Read the PEA, dimwit, its all in there.
>>What prevented the use of phosphogypsum in construction earlier, before the extraction of REE?
As its a waste product from acid production, it's extremely acidic, as I said it requires a large amount of lime to neutralise it.
Lime is alkaline, mixed acid gives a neutral result for the gypsum. Neutral is completely safe. You could put it in your mouth.
You can certainly build with it.
Acid: no build
Neutral: can build.
Better set up a new thread. "Too Much Fookin Lithium", start with news that Core Lithium has shut down mining due to low Lithium prices.
Did well at gibberish, I see.
Because that isn't chemistry or English logic.
"It is easier, faster, and cheaper to extract Rare Earth Elements (REEs) from clay than it is from hard rock ore."
Yeah. However their DFS has costs at $57/kg for MREC, Chinese price is about $10/kg. The volume of materials processed and 35% recovery rate the cause.
Ionic have asked a third party consultant to review the DFS and make it commercially viable.
"Lynas looks reasonably valued and may benefit from rising geopolitical tensions between China and the Western world."
Market cap 6billion, PE 20x.
Given that RBW produce at $30/kg v $44 for Lynas, with less environmental impact and zero radioactive content, RBW are on target to hit multiple billions in valuation just on Phalaborwa, never mind the six sites in Brazil.
>>stack of waste from acidic water neutralization.
What an astounding lack of basic chemistry.
You are remarkable.
Rainbow enters into a Letter of Intent for an offtake agreement
for Phalaborwa gypsum by-product
· Phalaborwa project is founded on principles of circularity via the extraction of value from 'waste' products
· Green gypsum will be available for sale to both domestic and international customers in neighbouring countries
· Demand estimated at ca. 400 to 600 kt per annum, providing additional revenue stream to Rainbow
· Sale of gypsum will allow for complete environmental rehabilitation of site
https://www.voxmarkets.co.uk/rns/announcement/640d115e-d008-40d9-8286-04bc61439b26
The stack is cleaned up and a gypsum supplier has already agreed to sell it for building supplies in the offtake agreement.
How come you aren't aware of this basic fact?
Stop comparing RBW to miners.
Rare Earth mining produces new radioactive waste, RBW will process the gypsum stack to clean it up. That is the definition of an environmentally benefit.
Besides which Phalaborwa has almost zero radioactive content and the gypsum stack cannot be used asvits acidic, that's all. The MRES produced is concentrated REs that are not classified as radioactive and can be transported and treated as such.
It's all there in the PEA.
RBW, no mining, low cost, environmental clean up and Rare Earth producer.
>>Rare Earths Next
Inflation Reduction Act already blocks them, Lithium is following the trend.
Suppose it doesn't say its delisted yet
Reference: 02263997
Dear Mr
AMTE Power plc - Delisting
Your holding of 40,779 shares within your Group SIPP
What is happening?
The board of AMTE Power plc has announced that they intend on appointing administrators for the company, and have therefore suspended trading on the Alternative Investment Market (AIM) stock exchange as of 19 December 2023. To maintain a listing on the AIM, all companies are required to have an approved Nominated Adviser (Nomad). The Nomad for AMTE Power plc, WH Ireland Ltd, will resign as nominated adviser upon the appointment of the administrator. If the Company fails to appoint a replacement nominated adviser within one month of the date that its Ordinary Shares were suspended from trading on AIM, the admission of the Ordinary Shares to trading on AIM will be cancelled.
We will be in contact once the shares have been delisted with further information.
Important information for holders of AMTE Power plc shares within a Stocks & Shares ISA
Please note, under HMRC rules delisted shares are not eligible to be held within a Stocks & Shares ISA. As a result any holding of AMTE Power plc shares within a Stocks & Shares ISA will need to be removed within 30 days of the effective date of the delisting.
Other information and warnings
Should you have any queries relating to the delisting please contact us. Please note, we can provide factual assistance but cannot provide advice about which option you should choose.
Yours sincerely
Oak Gill
Corporate Actions
Email says amte are appointing administrator and delisting
There is negligible radio active content in the Phalaborwa stack.
The Umbera stack content and process flow has not be been designed yet. You have provided no information whatsoever to backup your claims.
Making one claim or the other is idiotic, however, we are not concerned about selling the Gypsum in Brazil, its an RE extraction process. if the process cleans up other impurities its a bonus, given that acid leeching extract metals, its almost certainly going to.
But we don't know yet.