Here are two extracts. Recommend you read the article. I recall Lindian using Benchmark data.
"Most rare earths mines are struggling to break even under low prices while early-stage projects face delays and funding shortfalls, according to Benchmark’s new cost and margin curve models."
"Just eight ex-China rare earths assets would be capable of breaking even on direct on-site costs for making PrNd in 2030, according to Benchmark’s cost analysis.
Investors may have little incentive to back projects so dependent on higher prices, potentially slowing the West’s push to reduce dependence on Chinese supply chains."
LIN Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
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