The company said this “outstanding result elevates Koppamurra to an ionic clay hosted rare earth resource of global and multigenerational significance”.
The “resource is open in all directions” with a 1,400 Mt exploration target.
The company noted in a presentation this clay hosted deposit is the same style that “underpins China’s massive rare earths industry”.
On the weekend, news hit the media that Australian Rare earths has made a discovery that could “enable an operation of Chinese scale”. The Australian noted China may also be planning to ban the export of rare earth products to the USA.
The company said this “outstanding result elevates Koppamurra to...
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