I know this is about ARU,but I wonder if this is as a result of LAMP.
ARU ANN.
FURTHER REDUCING RISKS ASSOCIATED WITH START UP OF THE PROPOSED RARE EARTH COMPLEX AT WHYALLA.
I bet every other REE company has gone back to the drawing board,and Gov,s overseaing REE mines also revisiting their Standards.and regulations.
To me this digs deep into any companies planning on taking short cuts in costs to get a Plant operating.
State of the ART will be mandatory.
To achieve that companies wont get much change from a Billion $$..good luck with Funding...especially with the difficulty in getting contracts that wont be filled for another 3-4 years.
ARU have enough in their warchest $79M to cover the costs for the Feasability/flow charts for the 9-12 months..what then ?..nothing against ARU..just a good example.
Another twist in the REE story.
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