Interestingly the LCM's magnet supply chain report apparently recommends:
"The study also proposes that rare earth raw materials for the magnet plant are sourced as byproducts from mineral sands, making the inputs much cheaper compared to new rare earth mines."
Lombard St to a China orange you know who will be all over that in their pending Feasibility Study, so easy for them to ship a 90% monazite con, equivalent 60% TREO, to a vertically integrated downstream, never going to happen here.
BTW, has ARU ever published TREO numbers for their con? Must have, anyone point to them?
ARU - Till Year end 21, page-53
Add ARU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
20.0¢ |
Change
0.005(2.56%) |
Mkt cap ! $462.0M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.0¢ | 18.5¢ | $789.8K | 4.086M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 150000 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 402631 | 10 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| ARU (ASX) Chart |