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![]()
Ps. Now do I think there will be a over supply anytime soon, no !
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1.0¢ |
Change
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Mkt cap ! $48.31M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.0¢ | $49.50K | 4.888M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 3999117 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 9761803 | 17 |
View Market Depth
No. | Vol. | Price($) |
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14 | 3999117 | 0.010 |
31 | 16155230 | 0.009 |
11 | 7435627 | 0.008 |
8 | 4865435 | 0.007 |
6 | 5835000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 9761803 | 17 |
0.012 | 4191665 | 14 |
0.013 | 3212706 | 4 |
0.014 | 2909137 | 7 |
0.015 | 1769733 | 7 |
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