Member Info for SmartPunter

>>Anyone know how Trumps' tariffs affect this export?

Critical minerals like REE are exempt. However China has basically banned Tb and Dy from export and they are extremely important for high temp magnet applications.

>>60 tonnes of dysprosium (Dy) oxide and 20 tonnes of terbium (Tb) oxide,

AT current prices that's 60 * $200k and 20 * $800k = $12m + $16m =$28m/year

When they are not available, price could return to highs of x 5 that.

Rainbow Rare Earths' Phalaborwa project targets the production of 1,750 tonnes of neodymium/praseodymium (NdPr) oxide annually, along with 60 tonnes of dysprosium (Dy) oxide and 20 tonnes of terbium (Tb) oxide,

Rare earth magnets to be covered by export controls

Measure means China can restrict exports

Export controls cover all countries not just US

Beijing can decide who to squeeze and how, analyst says

Oh dear, Oh dear.

This really should put a rocket under RBW.

Don't think the news has sunk in with all the other bad news. All current producers are down...

>>Anyone that believes that this share has been manipulated should report it to the FCA -

I think you are right Sundrum, I've identified so very odd movements in the SP.

China on Friday announced a slew of additional tariffs and restrictions against U.S. goods as a countermeasure to sweeping tariffs imposed by U.S. President Donald Trump.

The Finance Ministry said it would impose additional tariffs of 34% on all U.S. goods from April 10.

https://arynews.tv/china-to-impose-tariffs-of-34-on-all-us-goods-from-april-10/

Beijing also announced controls on exports of medium and heavy rare-earths, including samarium, gadolinium, terbium, dysprosium, lutetium, scandium and yttrium to the United States, effective April 4.

This is quite significant. Without terbium and dysprosium... no magnets.

The timetable is the DFS and funding, The process optimisation is not on the critical path, other things are still to be done.

You want naysayers?

Https://www.mining.com/us-floats-idea-of-launching-critical-minerals-tariff-probe/

Documents explaining Tarrif stated that the 50 critical minerals are excluded from tarrif is they are unavailable in the USA

PerfectChoice

That's a good point.

Another thing ,if LCM import from SA and shipped finished magnets to the US they would do so at considerable cost advantage over US companies who would have to pay 30% more for the oxides than UK companies.

Trump is a idiot. But thanks.

How much will each country be tariffed?

The White House released an annexe of 57 target countries, territories and blocs which will face the increased tariffs. These include:

Angola: 32 percent

QED

Regarding REE: he's a Pensana employee sock puppet

RBW have the option, processing in USA or SA.

* Funding available in US.

* Permitting has been made quicker and easier (one of the major reasons for the switch back to SA)

On the other hand, China is the biggest market for magnet metals.

Also there is the Brazilian site(s). This may well be best to locate on site. Tariff there is only 10%

That might perk it up.

Https://www.newsweek.com/russia-cannot-accept-trump-ukraine-peace-plans-2053585

My God, can you concentrate on the company and not its shareholders or random others.

I did hold and sold out a couple of years ago.

Too scared to mention phosphogypsum. :)

The fundamentals here are terrible. Why do you think the DFS has been a decade in the making.

One analysis marked it out as the riskiest lithium project in the world

No Security Guarantees, Indefinite Terms – Ukrainian Lawmaker Outlines New US-Proposed Resources Deal

According to Ukrainian MP Yaroslav Zheleznyak, such an agreement would be a “horror show” for the country but is unlikely to be ratified by Parliament.