ASM shares held by REMX Rare Earth/Strategic Metals ETF., page-230

I will take the bait...

ASM will likely be outperforming almost every other REE project outside of China by 2030 - mostly due to ZironTech, DZP & alignment with KOMIR & South Korea

It's just my opinion - I hold HAS but not Iluka - I also hold WSA & they also JV with Iluka

JVs are usually a catch 22 & can lead to synergies & takeovers but also stale mates, loss of direction & perhaps subtle but deliberate stalling of projects

Iluka & HAS should work well though the negotiations around pricing & percentages will be interesting - Iluka didn't want to takeover HAS at this point & I am pretty sure HAS would have struggled to fund their own newly commissioned cracking & leaching or processing operation despite already having offtakes

There are plenty of REE players emerging outside of China & most should find markets for their products - though sone will probably just keep drilling & hoping for a takeover or similar JV to eventually take their metals to market

Should be plenty of demand for decades to come to allow ASM, Lynas, MP, Iluka, HAS & a host of other upcoming REE projects to come online & be profitable

Some investors will go the REE index route or just buy shares in most REE projects - others will look deeper at each business & try to identify the best ones

Probably not the worst idea to invest in many Australian projects though I think there are quite a few that are flawed or not likely to be profitable or will struggle to bring ore to market or simply have no realistic plans beyond perpetual drilling & cap raises to prop up management lifestyles & dreamers