Thanks Wombat, agree with all those points and those are the points that IXR will be focusing on, to make this happen, but it will take time
Just have to keep on believing and give IXR time,
Building the rare earth supply chain from scratch has its challenges especially if there isn't anything in place, here in the West.
Another important thing to understand is that the REE supply chain is complex and poses many challenges to develop. That’s because there are many individual stages of REE production chain including mining, beneficiation, hydrometallurgy, separation, metal alloys, magnets, original equipment manufacturers and finally end use.
Another challenge is that the REE market can be quite volatile and uncertain. When rare earth oxide prices are too low, this affects the ability for new upstream mining projects to be economical, China is making sure of that.
IXR Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
(20min delay)