yep & it was worth $4,000/kg which doesn't mean anything, but I...

yep & it was worth $4,000/kg which doesn't mean anything, but I doubt it would be profitable to recycle even at that price.

I'm not saying that recycling all REE's won't be viable, on the surface the China factor is hard to ignore & it's a lot like the Nickel issue where cheap resources are underpinning the industry.

IXR will have to sell all recycled REE's at a premium for this to work but I'm wary of the cost to set up & operate a full scale REE recycling plant & source feed stock to convert to a resource to sell, I'm sorry to be a realist but the potential returns for this are not why I'm invested in IXR as I don't see this as a money spinner.

I'm 100% here for the REE mining in Makuutu.

I have the opinion mining companies make money by mining volume & recycling plants will always be restricted to production capabilities, ie small scale production.