Yes they may come up with a process that rejects the U & Th, and a way to bury it without it leaching out ~ would not hold my breath on that !
You do realize that the only reason that they could legally call this "Ore" is that the Resource was estimated in late 2011; at which time the Prices for Rare Earths were 10 times higher than today's prices ?
Under today's Prices, most of this 'Ore' would have to be classified as 'marginal' or 'waste/overburden' as @ $3/t it is unlikely to cover its Mining AND Processing cost ~ So Amigo, I sure hope the deeper stuff is of a significantly high grade, as looks like it may have to support a high Strip Ratio ? IMO You might have hit on a solution, ie try to find a High grade lower tonnage source to this extensive lateral deposit ?
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american rare earths limited
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34.5¢

LaPAZ Rare Earth Minerals- Maiden Resource Estimate, page-46
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Last
34.5¢ |
Change
0.015(4.55%) |
Mkt cap ! $193.9M |
Open | High | Low | Value | Volume |
33.5¢ | 36.0¢ | 33.0¢ | $514.2K | 1.493M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 178055 | 34.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.5¢ | 33798 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 178055 | 0.340 |
9 | 149898 | 0.335 |
8 | 142694 | 0.330 |
8 | 100014 | 0.325 |
4 | 67252 | 0.320 |
Price($) | Vol. | No. |
---|---|---|
0.345 | 33798 | 4 |
0.350 | 325564 | 10 |
0.355 | 44007 | 7 |
0.360 | 87704 | 7 |
0.365 | 32820 | 5 |
Last trade - 12.49pm 17/09/2025 (20 minute delay) ? |
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ARR (ASX) Chart |