Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-38

Ah good @DG4444

A lot of companies trying to get into the rare earth market. Using the monazite sand it one way. Below is a bit of information but first recall crazyC1959 stated Australia has governmental restrictions in place to not allow mining and processing at this time (he cites nothing). And, complements from @Pause we have... "The big thing that WA has is a waste management final storage place that no other state in Australia has. It’s called Mt Walton". Hasting has as you and @EJPert have pointed out have done a lot of looking into this so called bs "restrictions" comment.

(Post #: 61162367), (Post #: 61142249)

So, what's the scope on the high cost? Well there's a couple in town outfits that think they have solutions with new technology. Perhaps you should look into REE metalization and magnets. But at the moment I myself am going to wait and see if we head into a global recession as we are IMO currently in stagnation... <HAS> SP is not moving on recent good news is one example.
***(as always not advise)

Following environmental issues in France relating to the disposal of toxic and radioactive waste generated in the processing of monazite, the French plant was closed. A second major obstacle to continued processing of monazite was the high cost of disposing of thorium produced during the process. France’s monazite imports stopped immediately causing Australian mine production to cease. Subsequently, monazite generated by heavy mineral sand mining was returned to the mine.

In recent developments, some companies are planning to restart Australian REE production from mineral sands deposits. Iluka Resources Ltd began a prefeasibility study in 2018 on the Wim 100 deposit near Horsham in Victoria. Also near Horsham, WIM Resources Pty Ltd announced its intention to produce an REE concentrate in conjunction with heavy mineral sand products from its Avonbank project in Victoria (see page 16).

Currently, REE occurring in heavy mineral sand resources make up around 6% of Australia’s inventory of REE resources.

Citation

Bibliographical reference: Huleatt, M.B., 2019. Australian Resource Reviews: Rare Earth Elements 2019. Geoscience Australia, Canberra. http://dx.doi.org/10.11636/9781925848441