PEK 7.89% 17.5¢ peak rare earths limited

Nice, that gap has now closed, can't go leaving any holes in the...

  1. 5,541 Posts.
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    Nice, that gap has now closed, can't go leaving any holes in the chart.
    As an aside,
    Page 14 of the latest presentation, briefly touched on, is the somewhat understated yet potentially significant further exploration potential of our deposit.
    Of primary interest is the extremely high grade fluorspar which was brought back to my attention yesterday by Mark Maine as an area "associated with Peak that I am excited about is the Fluorspar deposits on the northern ring. The future of fluorspar is as a emerging battery mineral that is 10 times more efficient at storing energy than lithium, and not as some cheap for chemical additive. More on that later."
    This would definitely benefit from some further drilling to more accurately define its size and value to the project.

    Peak announcement below with some extremely high grades in the Northern zone of interest
    https://hotcopper.com.au/threads/ann-new-field-programs-extend-high-grade-fluorspar-discovery.3511752/?post_id=25529292

    This could well be another component added to our updated BFS given the increasing demand and expanding uses.

    https://www.criticalmetals.co.uk/aiovg_videos/fluorspar-one-of-the-best-kept-secrets-in-the-battery-metal-mix

    https://roskill.com/news/fluorspar-new-fluoride-ion-battery-chemistry/

    https://www.prnewswire.com/news-releases/fluorspar-is-currently-witnessing-high-demand-as-increasing-number-of-fluorite-uses-grows-301215877.html

    https://roskill.com/news/fluorspar-lithium-ion-batteries-arkema-announces-renewable-fluoropolymers-for-lithium-ion-batteries/

    As always China dominates this market and is a net importer of fluorspar.


    Last edited by mac3: 02/09/21
 
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