MP minerals partnership?, page-12

ttroy states Nolan’s has very little HRE.
On another thread he states Nolans is uneconomical to mine another LIE yet again.
Listen to this LYING Lynas Shareholder at your peril.

Yes, the Nolans Rare Earths Project in Australia, developed by Arafura Rare Earths, is considered to be one of the largest neodymium-praseodymium (NdPr) deposits in the world. The project, located 135km north of Alice Springs, is expected to be a significant global supplier of NdPr, a crucial component in the production of strong permanent magnets for electric vehicles and other technologies.

Yes, the Arafura Rare Earths Nolans Project is generally considered economically viable due to its low-cost production of NdPr oxide, a critical component for electric vehicles and renewable energy technologies, and a long mine life. The project also offers a valuable by-product, phosphoric acid, further improving economics.

Here's a more detailed breakdown of why the Nolans project is economically promising:

• Low-cost production:

  Arafura has demonstrated the ability to produce NdPr oxide at a relatively low cost, positioning them as a low-cost producer globally.
• Long mine life:

  The project has an estimated mine life of 38 years, ensuring long-term stability and profitability.
• Value-added by-product:

  The production of phosphoric acid as a by-product adds to the overall economic value of the project.
• Strategic importance:

  NdPr is a critical mineral for the transition to renewable energy and electric vehicles, creating a strong demand for the product.
• Diversified supply chain:

  The project is part of a broader effort to diversify the global supply chain for rare earth elements, reducing reliance on China.
• Government support:

  The project has received significant financial support and investment from the Australian government, demonstrating its strategic importance.
• Strong ESG credentials:

  The Nolans project is committed to environmentally, socially, and governance (ESG) practices, which is attracting international investment groups.

In conclusion, the Nolans project is economically viable due to its low-cost production, long mine life, by-product revenue, strategic importance, diversified supply chain, government support, and strong ESG credentials