WA1 0.53% $17.16 wa1 resources ltd

Ann: West Arunta Project - Exceptional Luni Assay Results, page-147

  1. 3,408 Posts.
    lightbulb Created with Sketch. 336
    The New York Times wrote in February that many "feel it's their patriotic duty " to mine Niobium. https://www.nytimes.com/2023/02/02/climate/nebraska-mine-niobium-rare-earths.html

    Essential reading for anyone investing here or considering investing. Compare our grades to theirs btw...

    "China is the world’s main producer and processor of scandium and rare earths. America has only one rare earth mine, in Mountain Pass, Calif. It sends its ore to China for processing. (Mr. Smith of NioCorp is the former chief executive of MolyCorp, which used to own the Mountain Pass mine.)Brazil is by far the world’s biggest producer of niobium, which is used to strengthen steel. China Molybdenum, a state-backed company, bought a key niobium mine in Brazil in 2016.
    The importance of having a domestic stash of metals was highlighted in 2010 when China blocked exports of rare earths to Japan during a dispute over a fishing trawler incident, sending prices soaring. Since then, tensions between the United States and China only have escalated, prompting fears about politically and economically motivated supply-chain disruptions."

    “I think it’s good for our country"

    You can see how rare Luni is! And why it's such an important discovery.


    Last edited by LST123: 02/05/23
 
watchlist Created with Sketch. Add WA1 (ASX) to my watchlist
(20min delay)
Last
$17.16
Change
0.090(0.53%)
Mkt cap ! $1.052B
Open High Low Value Volume
$17.20 $17.57 $16.65 $9.930M 580.8K

Buyers (Bids)

No. Vol. Price($)
1 50 $17.16
 

Sellers (Offers)

Price($) Vol. No.
$17.19 500 1
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
WA1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.