Ann: VMM Targets U.S. Expansion with Rare Earth Refinery, page-6

I'll assume it's a he. He's paid to blow smoke up REE companies. The problem is he doesn't understand rare earths so it all falls apart real quick when challenged.

Back on topic, good to see VMM confirming an updated IXR study should show up this year because IXR's was rubbish (as previously discussed) however it feels a bit like an attempt to simply respond to MEI's announcement yesterday.

SX is a fairly well worn path for REE separation and lower risk. MEI's/MTM's FJH may be a technology step change for the industry if proven at scale but higher risk.