The resource at Mt Weld and Duncan can be a major producer of critical REs as shown below. Critical REs reserves are diminishing and their prices will continue to rise as demand continue to grow in the years ahead.
Mt Weld Distribution ___ % ________ 11,000t __ 22,000t La 25.50 ______ 2,805 ___ 5,610 Ce 46.74 ______ 5,141 ___ 10,283 Nd 18.50 ______ 2,035 ___ 4,070 Pr 5.32 _______ 585 ____ 1,170 Sm 2.27 _______ 250 _____ 499 Dy 0.124 ________ 14 ______ 27 Eu 0.443 ________ 49 ______ 97 Tb 0.068 _________ 7 ______ 15 Y _ 0.76 ________ 84 ______ 167
____ 99.73 ____ 10,970 __ 21,940
Duncan Distribution % La 24.87 Ce 39.38 Nd 17.89 Pr 4.75 Sm 2.83 Dy 1.27 Eu 0.77 Gd 1.99 Tb 0.26 Holmium 0.19 Erbium 0.41 Thulium 0.04 Ytterbium 0.18 Lu 0.02 Y 5.17
LYC Price at posting:
26.7¢ Sentiment: LT Buy Disclosure: Held
