Let me put it a different way. To extract $1800 of CeO2 (pure), assuming 2000ppm and a typical distribution of REE, you'd need something like 1700 ton of Clay to get $1800 CeO2 in-situ. To get $1800 worth of Ce in concentrate, times the ore by 10 again based on normal recoveries from other mets I've seen. THEN you have to send it to china and they have to separate it out. It's actually more cost just to remove it from the good stuff in the MREC.
The Ce is Junk.
Let me put it a different way. To extract $1800 of CeO2 (pure),...
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