IXR 10.0% 0.9¢ ionic rare earths limited

General Chat / Discussion, page-8137

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    Makutuu is ca. 93% light rare earth incl. yttrium, and sports proportional 55% of uneconomic lanthanum and cerium.

    The ‘heavy rare earth’ spin using a basket price which has no relevance to the profitability of the project.



    https://hotcopper.com.au/data/attachments/5901/5901020-eb06de6ce250706fd39961a1da96c801.jpg

    Makutuu is not unlike some IAC deposits in the south of China’s Yunnan province, which look quite at bit bastnaesity.


    By rule of thumb you can say, that so-called ‘light rare earth’ deposits typically contain >70% of lanthanum and cerium. In so-called ‘heavy rare earth’ deposits the the lanthanum and cerium content is proportionally lower, but the trade-off is an often extremely elevated proportional yttrium content.

 
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