IXR 0.00% 1.1¢ ionic rare earths limited

General Chat / Discussion, page-9196

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    Thanks China, When its NON-Chines Prices, and its OEM off-take agreements the landscape changes considerably, not just for Makuutu but for all Western REE, Critical Minerals Mines. At the moment Makuutu is going through an updated FS, with 24/7 MREC produced during the past 6 months DRA Global should have sufficient data to head into Phase 2, Production Costs at Western Prices, Not Chinese rates, Prices to keep mines operating and supplying the West with REE and keep companies up and running with profits.

    https://hotcopper.com.au/data/attachments/6245/6245875-b954cd41a78315a8ae7803a4346e484f.jpg
    https://hotcopper.com.au/data/attachments/6245/6245876-c2dbaa8fc700d710ca7ebf69da79928e.jpg
    MREC from Makuutu can be use to bolster supplies for Belfast, we have the technology to refine MREC to REO.
 
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