This is a ramble but:
There seems to be a lot of companies spruiking rare earths at the moment.
The only ones i know of that are going into production except for Lynas are Arafura, Hastings and Iluka.
I am so glad ASM has the other products though because i am pretty sure Canada and the U.S. are trying hard to get rare earth producers as well.
Obviously our advantage is going to be the fact that as soon as we have finance we are ready to go, the variety of products and the metal plants.
I still feel a titanium mine is a good thing for ASM but maybe enough supply is available.
Possibly a deal with Iluka like you suggest could be the answer.
Ann: ASM signs agreement for sale of NdFeB alloy, page-161
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53.0¢ |
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-0.005(0.93%) |
Mkt cap ! $96.11M | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 54.3¢ | 53.0¢ | $116.6K | 218.2K |
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| No. | Vol. | Price($) |
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| 8 | 20539 | 53.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 707 | 1 |
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