REE market is forecast by many to double by 2030, and quadruple by 2040
With higher grades and lower costs, the Pilbara in WA and Brazil can supply iron ore at far lower cost than nearly every other supplier - and maintain ‘software’ level margins
Why would any high grade REE asset or province that could potentially supply at a small fraction of the current cost be limited to just 10% market share?
Why not +60%?
Market cap way off, page-2
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