With this week's sudden and very exciting entry into the world of RE's by FNT, it is probably well worth having a close look at the significant advantages of Ionic Clay RE deposits (like FNT's Murraydium Rare Earth Project), versus Hard Rock RE deposits:
https://ionicre.com.au/clay-vs-hardrock/As you can see, it is highly likely that FNT's Murraydium Rare Earth Project could have major significant project and cost advantages over Hard Rock RE projects.
Last year, The Unversity of Adelaide made the following comments about AR3's Koppamurra REE prospect, which are, IMHO, also highly likely to apply to FNT's Murraydium Rare Earth Project:
"Rare earth elements (REE), such as neodymium and dysprosium are essential for turbines and electric motors that will underpin society’s transition to renewable green energy and electric vehicle transportation. Australia is well positioned to be a secure global supplier of REE in the coming decades."
"The newly-discovered Koppamurra REE prospect in SE South Australia has potential to become an important source of REE: it is an ionic clay hosted deposit––the only one of its kind in Australia––that is in the earliest stages of exploration and development."
Here is the link to this source: "ORIGIN OF KOPPAMURRA: AUSTRALIA’S FIRST IONIC CLAY HOSTED RARE EARTH ELEMENT PROSPECT":
https://sciences.adelaide.edu.au/study/honours/honours-projects/origin-of-koppamurraCheers.
