SUM 2.70% 18.0¢ summit minerals limited

Ann: Shares coming out of escrow, page-131

  1. 8,103 Posts.
    lightbulb Created with Sketch. 1100
    It is absolutely 100% facts if anything it is even better for SUM
    as Brazil is where over 80% of the world Niobium comes from,
    Yet Australia does not even have one Niobium Mine.

    SUM also has Tantalum which as we all know is far more valuable at around 4 times the price of Niobium,
    And that at equal grades it makes the combined value of both Niobium and Tantalum,
    Worth around 5 times as much as just Niobium on its own.

    SUM also has a Carbonatite Project right near CBMM the Worlds largest producer of Niobium.

    The: ARATAPIRA REE PROJECT:

    • It lies between CBMM’s World-Class Niobium & ultra-high-grade hard rock REE deposit
    and Mosaic’s Phosphate & REE deposit,
    which may provide sources for REE-enriched saprolite clays at Aratapira.

    • The project spans parts of the Alto Paranaíba Igneous Province (APIP),
    which accounts for over 97% of global niobium production
    and
    consists of major carbonatite complexes,
    kimberlites, lamproites, and minor alkali-related intrusions.

    It's only around 12km from CBMM,
    And less than 10km from Mosaic....
 
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