Yeah I've been in VTM since the start of the year, but generally I'm watching all of the Aussie clay REE plays very closely as they all have their advantages and disadvantages to be honest. VTM still needs to release their maiden MRE which should be coming soon, but I highly doubt it will be as big or high grade as OD6. Plus side for VTM is the leach extraction is using sulphuric acid over hydrochloric with OD6 (sulphuric is around 4x cheaper per unit acid tonne). Lot more water to go under the bridge to work out which is better (grade, tonnes, depth, width, extraction, reagent consumption etc etc), and in any case there is room for more than one REE clay project to thrive in the coming electrification boom!
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Yeah I've been in VTM since the start of the year, but generally...
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0.065 | 51931 | 2 |
0.069 | 100000 | 1 |
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