SGQ total resource is 28.2Mt @ 4.22% TREO, ~0.7% Nb2O5 and ~8% Phosphate ( cut off grade is 2% TREO)
Contained TREO = 1.19Mt (market cap = ~$33mil)
ARU total resource is 56Mt @ 2.6% TREO
Contained TREO = ~1.46Mt ( market cap = ~$400mil)
While SGQ's TREO grade is much higher, just do your own math!
SGQ - A giant rare earth mine outside China, page-6
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