EUR 2.56% 4.0¢ european lithium limited

Ann: CRML Completes Stage 1 Investment for Tanbreez Acquisition, page-6

  1. 8,522 Posts.
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    What I don''t understand is why CRML would invest in Tanbreez.

    It has, as a source of rare earths, a mineral called eudialyte.

    So far as I know, there is no commercially successful eudialyte processing plant anywhere in the world. Let's hear it here if I am wrong.

    Is Tanbreez going to build its own unique processing plant? If so, at what cost? If not, to where are they going to export their eudialyte?

    For some years, nobody invested in the mine. Then TS came along.

    What does he know that we don't know?
 
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