REE province has attracted funding and ANU Study. The GCC are considered by some geologists (not just from DRE) to be the source of the enrichment.
Note the early stage comment and that China is playing games to protect their strangle grip. True or not, the players that run the stock market to enrich themselves at your expense, will recycle REE's for another run. DRE will be there and in gold (I will cover more on that later) and other commodities that have great value. Get caught up in the current negativity at your own risk. Here is proof Australia is investigating strategic supply stating REE's need to be developed.
https://dataportal.arc.gov.au/NCGP/Web/Grant/Grant/LP230100173
"The Gascoyne Region of Western Australia is an emerging Neodymium-rich rare earth district in its early stages of development. The mineral occurrences of the region are complex and their geological distribution and source(s) remain unclear. With the support of all the active explorers in the region, a better understanding of the entire mineral system is sought to maximise exploration efficiency. This project aims to undertake a full assessment of the minerals, their processing and the environmental impact of production to determine the potential of the region. The expected outcome of the project is to develop a world-class rare earth mineral district in Australia, to ensure future supplies of these strategically important metals."
"The transition from fossil fuels to ‘green’ energy, the development of modern technologies (such as communication, computing, healthcare, aerospace), and the robust functioning of our national security will require a dramatic increase in the supply of critical elements. For modern economies this will require a shift towards commodities with high risk of supply chain disruption, particularly the rare earth elements (REE), for which we are mainly dependent on a single global monopoly."
"Fortunately, Australia has identified large REE prospects, including those of the Gascoyne Region of WA, that must be developed to keep up with expected future shortages. For example, the looming supply gap for the rare earth elements is immense, because each offshore wind turbine uses 500-700 kg of Neodymium permanent magnets to produce 1 MW of electricity and every electric vehicle requires 0.2 kg of Nd as well. Domestic supply of critical minerals is a national priority of growing urgency for Australia and domestic REE production provides an unprecedented opportunity for future generations. The proposed multidisciplinary project will evaluate the Nd-rich REE prospects of the Gascoyne Region of Western Australia across the fields of mineral exploration, extraction and environmental impacts to promote formation of a regional REE camp. Ultimately, this could provide future economic security for the region and nation and contribute to global low-carbon efforts. "
GLTAH CW
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