Providing feed from Uganda to Brazil over 10,000 km distance?...

Providing feed from Uganda to Brazil over 10,000 km distance? Commercially a bit controversial, also in terms of carbon output.

Viridis Colossus mineralisation does look rather challenging, apart from the current Brazilian “everything-also-can-mine” hype for clueless investors.

Not all and any mud containing trace amounts of rare earth elements is also ion adsorption clay (IAC), which will pose a potentially unsurmountable processing challenge. Even if it was all IAC, there are two distinct kinds of IAC, which require substantially different approaches. For all that and other reasons failure is an option.

Generally, such cooperation and pooling of assets is a good way to go for junior rare earth miners, rather than keep scratching each other’s eyes out. But here we can’t help seeing the image of two drowning people embracing one another.

Coincidentally Ionic’s MD Tim Harrison is a board director at Viridis.