"Rare earths is a sector littered with failure.During the last...

"Rare earths is a sector littered with failure.

During the last boom in 2010-11, $15 billion was raised by 60 rare earths companies and about 100 projects across US, Australia, and Canada.

Of those, only two projects were built."

but..........

"To meet demand by 2032 the world needs the equivalent of 12 Nolans; the world’s only ore-to-oxide NdPr operation designed to pump out 4400tpa of NdPr per year for around 40 years."

and then....

"In October, ARU chairman Mark Southey said the company was “strongly positioned to move into full construction in the first half of 2024, pending the outcome of ongoing funding activities”."

Nothing new in the article, although nice alarming first paragraph to get attention.