Peak Rare Earths
TanzaniaGov 16% Free Carry
Chinese own 50% of the company PEK 84% ownership
Shareholders 42% of the Project....not much value for the SH. 48% profits going to China (42%) and Tanzania (16% Free Carry)
Feasibility Study based on these figures
Base case $153-$201/kg NdPr prices .....
Downside $100/Kg NdPr prices
How about doing one at $50/kg.......unprofitable .....Great win for China
By the way if your going to say that those prices are Profitable, well Makuutu at those prices $100-$201 USD/Kg of NdPR becomes very profitable as well
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