General Chat / Discussion, page-9734

Rob, We all know that the demand for RE magnets is going to grow and every car manufacturer in the World will be looking for supply ~

The catch is that neither Makuuta nor Belfast can produce RE's in the quantities required or especially in the case of Makuuta at an OPEX and ESG cost that will turn a profit. Yes recycling will be a major source once the current wind farms start to reach their use by date; but in a growing market recycling is at best a diminishing resource.

Western mines will not only have to operate at a profit but they also have to fulfill their ESG commitments, and not discharging polluted process water back into the environment is just one of critical components of a responsible mining operation.

As you keep on reminding people until we see the updated DRA FS, the only information that Makuuta has given the public so far, is that it cannot meet that requirement as there were significant discrepancies in the Water imbalance that you posted here last week.