From what I can work out from limited research it is pretty much always mined as a byproduct and at low grades... probably not a stretch to see Gallium prices double or triple in the next 10 years if demand increases as it seems to be used increasingly in high-tech products.
If it can be liberated easily it would be a very strategic by-product and with the consistent grades over such thick intervals, it could bring quite a bit of value to the mineral assemblage at Leliyn as there doesn't seem to be many jorc resources out there.
https://pubs.usgs.gov/periodicals/mcs2021/mcs2021-gallium.pdf
"World Resources:
5 Gallium occurs in very small concentrations in ores of other metals. Most gallium is produced as
a byproduct of processing bauxite, and the remainder is produced from zinc-processing residues. The average
gallium content of bauxite is 50 parts per million. U.S. bauxite deposits consist mainly of subeconomic resources that
are not generally suitable for alumina production owing to their high silica content. Some domestic zinc ores contain
up to 50 parts per million gallium and could be a significant resource, although no gallium is currently recovered from
domestic ores. Gallium contained in world resources of bauxite is estimated to exceed 1 million tons, and a
considerable quantity could be contained in world zinc resources. However, less than 10% of the gallium in bauxite
and zinc resources is potentially recoverable."
Back in the KNGO options after today's announcement, seem like good value with a ex-date horizon of Oct 2026 imo
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From what I can work out from limited research it is pretty much...
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