Unfortunately the market is ignoring REE projects. The Chinese are keeping NdPr prices down around $50kg to keep competitors out of the market. In Australia we need closer to $100 kg for any REE project economics to stack up.
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Ann: Auger Drilling at Red Peak Identifies High Grade REE, page-5
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Unfortunately the market is ignoring REE projects. The Chinese are keeping NdPr prices down around $50kg to keep competitors out of the market. In Australia we need closer to $100 kg for any REE project economics to stack up. Look at MRD, MHK, WC1 and OD6 poor sods.
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Share
Unfortunately the market is ignoring REE projects. The Chinese are keeping NdPr prices down around $50kg to keep competitors out of the market. In Australia we need closer to $100 kg for any REE project economics to stack up. Look at MRD, MHK, WC1 and OD6 poor sods.
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