AS2 askari metals limited

Ann: Auger Drilling at Red Peak Identifies High Grade REE, page-5

  1. 3,287 Posts.
    lightbulb Created with Sketch. 47
    Unfortunately the market is ignoring REE projects. The Chinese are keeping NdPr prices down around $50kg to keep competitors out of the market. In Australia we need closer to $100 kg for any REE project economics to stack up.
  2. 3,287 Posts.
    lightbulb Created with Sketch. 47
    Unfortunately the market is ignoring REE projects. The Chinese are keeping NdPr prices down around $50kg to keep competitors out of the market. In Australia we need closer to $100 kg for any REE project economics to stack up. Look at MRD, MHK, WC1 and OD6 poor sods.
  3. 3,287 Posts.
    lightbulb Created with Sketch. 47
    Unfortunately the market is ignoring REE projects. The Chinese are keeping NdPr prices down around $50kg to keep competitors out of the market. In Australia we need closer to $100 kg for any REE project economics to stack up. Look at MRD, MHK, WC1 and OD6 poor sods.
 
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