Member Info for SmartPunter

Any more info on Brazil?

Funding in March?

Yet two days ago the UK government bailed out JLR with £400m to build a battery factory.

This is an Indian company and the battery's are Chinese.

I look forward to the government explanation for not bailing out the first manufacturer of Lithium batteries, a crucial job provider in a protected area and with orders of $500m with BMW etc hanging on the line.

Confident for a top up, put it like that. 22k more shares.

Still 80% confident the UK will keep the factory and it won't be located offshore.

Or they could just move to the USA or EU.

I'm down 90%. Written it off so anything will be a bonus

Hogsnipe

It's not what they say, it's what they can do.

You obviously prefer the former.

Rapid rises are day traders and slow rises are Long investors, I guess..

If the target SP was 42p before, its surely doubled with over double the income.

And that is a massive undervaluing of the potential.

I'm not surprised Mosaic bit George's hand off to sign a deal, they know the RE in Brazil is worth more than the rest of their business.

Please do not mention AlLK its run by a ...

Let's give 400m to a Indian/Chinese company.

And nothing to a British company.

That will go down great with the British Public.

12million tpa of Phosphogypsum produced in Brazil per year. At least 10 million has commercially viable RE content.

One has about 50% content of the first stack.

The other three have 60% more, 100 % more and one with 300% higher

All mines have been in production since 2018 when Mosaic bought them.

So huge stacks with very high RE, also huge environmental clean up needed.

Huge possibility. Up to 30k tpa of NdPr in Brazil.

$2BN PER YEAR

Little effect on sp given the positive news.

Another probably critical reason for their interest is that it improves the viability of new and existing mines. Prices fell heavily last year..

Could be that they produce sulphate 50:50 which is then 100% purchased by RBW for further processing to metal in the USA.

There maybe 3 more mines which are follow on projects. This first one was chosen as proof of concept, its almost identical to Phalaborwa, if significantly bigger . The RE content varies significantly on the others, it's in the link I posted earlier.

And there are still more potential targets around the world.

Its a 50:50 joint venture

"if we develop the Brazilian project successfully it will make Rainbow, jointly with Mosaic, one of the largest producers of separated rare earth oxides in the world."

The site with the highest REE content (1.6% REE) is also owned by Mosaic -

Mosaic Fertilizantes - Complexo Mineroquímico de Catalão

Second highest...

Mosaic Araxa

Mosaic own 6 phosphate mines in Brazil plus many others around the world (26?)

Nothing to say?. Green bin.