IXR 7.14% 1.3¢ ionic rare earths limited

General Chat / Discussion, page-94

  1. 7,593 Posts.
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    I cant see any over supply issues thanks to the New Green Economy being touted by every 1st World Government. The EV, Wind Turbine , Solar Power , Battery Storage ( List is endless ) revolution will take care of everything coming out of the ground.


    Now for laughs lets just say there was an over supply at some point ( No likely ) well that's when ionic clay deposits will stand alone as the only "commercially viable" options thanks to the below.

    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


    Any over supply and substantial price drop would put most hard rock rare earth plays into ( Care and maintenance ) due to their higher costs to produce. IXR would stand alone as the winner wink.png


    Ps. Now do I think there will be a over supply anytime soon, no !
 
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