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clock Created with Sketch. 23/01/25
02:57
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Originally posted by OzBandit:
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Let's talk about Nimy Resources, a junior explorer that seems to be making waves with its recent gallium discovery at the Mons Project in Western Australia. Gallium, though lesser-known, is critical for modern technologies like semiconductors, optoelectronics, and potentially even quantum computing. With China currently dominating global gallium supply (98%), discoveries like Nimy's could reshape the market.Key Highlights: High-Grade Gallium Discovery: Nimy has reported significant gallium oxide concentrations, including:Strategic Importance: Gallium's importance is growing, especially in light of its applications in high-performance chips that outclass traditional silicon in speed and efficiency. This has implications for AI development, 5G technologies, and renewable energy infrastructure.3 - Interest from Overseas Organizations: Despite being low on cash, Nimy has reportedly been approached by two overseas groups interested in offtake agreements. Could these be U.S. firms looking to diversify supply chains or Chinese organizations securing future supply?4 - Potential Catalysts: - Establishing a maiden JORC resource at Mons.Discussion Points:
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Thank you for your information, I will stick with it, we are only at the beginning, AI just needs us to be patient.
