RMX 23.1% 1.0¢ red mountain mining limited

Ann: RMX Expands Footprint at Mt Mansbridge HREE Project, page-8

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  1. 99 Posts.
    lightbulb Created with Sketch. 89
    Correct.. the term rare earths is often said to be a misnomer. Certainly the lights arent particularly rare. But the heavys are very very rare. With Northern hopefully getting up and running it could potentially be a processing option which could facilitate monetization regardless of size. I think the extra ground really expands the target size and potential in reaching critical mass.

    I bet no one can name 1 heavy rare earths producer (not counting pilot plants). Hell I dont think anyone can name another HREE company other than Northern

    ARU - light
    HAS - light
    LYC - light
    SG1 - light
    ALK - light
    NTU - heavy

    If you want to see what sort of premium is placed on HREE look at the retracted SG1 announcement



 
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