DRE 5.88% 1.8¢ dreadnought resources ltd

Here's a useful article that discusses REE's from a global...

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    Here's a useful article that discusses REE's from a global supply perspective.

    It's long, so I'll just link: https://www.channelnewsasia.com/asia/myanmar-green-energy-rare-earth-sacrifice-zone-2868636

    In summary, most REE currently comes from environmentally sensitive areas and much of the mining is unregulated. When China cracked down on destructive mining practices, new mines sprang up in Myanmar, which is like the wild, wild west. Apparently there are hundreds of small mines with more popping up all the time and China now sources half of its REE production from these mines. In the west, ESG is quietly overlooked at all levels because there is no alternative. Next time someone tells you how we need to phase out petrol cars faster, remind them about the poor villagers in Myanmar! As I mentioned in an earlier post, it seems likely to me that China will again weaponize its control over REE supply any day now.

    My point, of course, is that DRE is proving up a potentially world class REE deposit (or region) in a stable jurisdiction where it can be mined efficiently and in accordance with ESG requirements.

    It doesn't get better than that!
 
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