China which are the main source of the world’s lowest cost critical and heavy REE production, however these deposits are gradually being exhausted and Makuutu represents one of only a handful of such deposits outside of southern China.
Shallow 3 m cover
12 m thick clay zone
Low-cost bulk mining methods
Low strip ratio
Deposit 37 km in length
Low-cost-high-margin
Higher payability
Higher basket price
Mine life exceeding 30 years
Low-cost Scandium co-product
Cashed up for next 2 Years
Scoping Study Due
JORC Resource
Massive Upgraded Exploration Target
Drilling on new leases could double resource
Right place right time right company right management , this is one of those stories that will unfold over the next few Years into a monster
General Chat / Discussion, page-91
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