" LIN uses only water " Yes for the concentration of the ore, the chemical intensive process is still required for Cracking , Extraction, Scrubbing, and Stripping to get the aqueous extract of REE solution. True Ionic clays deposits require an aqueous solution of Ammonium sulphate at PH 4 to strip the REE's from the clay hence there is no comparison between LIN and MEI as has been alluded to by previous posters, because MEI is an ionic clay deposit and LIN is hard rock, and LIN will require a higher grade of REE's to be economic because of the cost of refining. However It has a great grade of ore and low radioactive elements and a very large resource which makes it the king of hard rock deposits, its grade is far in excess of MEI, but MEI has a grade that far exceeds the normal of ionic clay deposits and has a huge resource that at this point is set to grow much larger. A true ionic clay deposit with the grades and size of MEI is the holy grail of REE's because it will be much cheaper and simply much easier to extract the REE elements. Both have their place, but in my opinion MEI will reach a greater market capitalization than LIN because of the recognition of the above reasons by the general market place, I don't think LIN is purposefully being held down I think it is because of the continuing fear of recession and the use of such commodities will stall if that happens, the same thing is happening to MEI and companies with other commodities such as copper and nickel, etc. this situation must be nearing an end soon if the world is serious about decarbonisation and electrification.
I hold both LIN and MEI and other companies and expect eventually to get a win, I just don't know when , but if we do go into recession, I suspect it won't be for long and then the tide for mineral commodities will turn into a massive bull run. Just my slant on the marketplace right now, very disappointing for most and some bail out, fortunately it also presents good buying opportunities, hence the trading shenanigans that go on during the day by traders.
Expand
(20min delay)