The ARN projects have rubidium, tungsten, cesium, and others on the critical minerals list of the USA. Russia used to supply up to 50% of the global demand for many of these resources, Global sanctions now mean there is little supply.
The Aldoro pegmatites containing these are one of the largest pegmatite clusters in Australia, pegmatites globally have a fairly consistant taper to depth so it is simple to estimate the potential ore body size based on the strike and width at surface. Doesnt look like any shortage on tonnage from Niobe and Wyemandoo.
Given the potential size (tonnage) of the pegmatites, them having 3+ of the US critial minerals, this looks like a very good project to progress to a JORC and highly likely to develop into a resource worth mining in the near future. Niobe drilling is completed so expecting a resource very soon once assay results are in, this will provide the backbone for Aldoro to secure customer interest prior to the larger Wyemandoo project being drilled and reaching a JORC.
Some of the Wyemandoo areas have high grade Li2O (average above 1% Li2O), this may not be over the entire project but the areas that do have good grade Li2O are still bigger than some other entire lithium projects. lithium projects with average grades under 1% Li2O have sold recently for many millions and the demand is only going to increase as the EV market goes from 1% global car sales to 10% (1,000 times the current battery minerals required) of global car sales and my bet is lower grade deposits will be mined (just like high and low grade iron ore deposits due to high demand).
"By this notice, the Secretary of the Interior, acting through the Director of the U.S. Geological Survey (USGS), presents the 2022 final list of critical minerals and the methodology used to develop the list. The 2022 final list of critical minerals, which revises the final list published by the Secretary in 2018, includes the following 50 minerals: Aluminum, antimony, arsenic, barite, beryllium, bismuth, cerium, cesium, chromium, cobalt, dysprosium, erbium, europium, fluorspar, gadolinium, gallium, germanium, graphite, hafnium, holmium, indium, iridium, lanthanum, lithium, lutetium, magnesium, manganese, neodymium, nickel, niobium, palladium, platinum, praseodymium, rhodium, rubidium, ruthenium, samarium, scandium, tantalum, tellurium, terbium, thulium, tin, titanium, tungsten, vanadium, ytterbium, yttrium, zinc, and zirconium."
https://www.federalregister.gov/documents/2022/02/24/2022-04027/2022-final-list-of-critical-minerals#:~:text=The%202022%20final%20list%20of%20critical%20minerals%2C%20which%20revises%20the,%2C%20gallium%2C%20germanium%2C%20graphite%2C
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