Also , reading material of interest , is the attached from INVESTORINTEL
https://investorintel.com/sectors/technology-metals/technology-metals-intel/iluka-resources-quietly-becomes-western-rare-earths-producer/
Whilst it is focussed on Iluka ( and not posted here for any cross promotion reasons ) , the takeaway is this extract below :
As ASM shareholders ...it would be hard to bet against the odds , of ILU now closely watching the South Korean JV process .
One of the likely reasons for the recent surge in the ASM price --is the "probability"that there is growing HEAVY INDUSTRY acceptance , that the new "clean technology"being used by the ASM JV ---is a game changer which will become the accepted technology ! Now whether its technology that ILU could use ---is also something to ponder !
Iluka is now working on a Phase 2 of the Eneabba Project which involves a FS investigating techniques to purify the monazite to an 80% concentrate for sale further down the value chain. The early CapEx estimate for Phase 2 is $20–40m, but this is subject to change as the FS advances.
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Mkt cap ! $183.3M |
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Price($) | Vol. | No. |
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4 | 24343 | 1.015 |
3 | 8636 | 1.010 |
3 | 4780 | 1.005 |
19 | 103000 | 1.000 |
Price($) | Vol. | No. |
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1.030 | 11712 | 3 |
1.040 | 22067 | 4 |
1.045 | 10706 | 2 |
1.050 | 55000 | 4 |
1.055 | 5000 | 1 |
Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Change
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