Yes, this confirms my view, thanks for sharing.
This company is proclaiming to be the best in the USA, yet have only recently ordered equipment (just like ARU), but for only 800Mt of final product, and plan to Be in production next year (I’m highly skeptical). Plans in this industry are just that. Companies in this industry all claim, yet the real deal is bringing to fruition a commercial quantity. This note also proves how difficult this industry is to scale with them only targeting 800Mt in the first instance. Let’s see them achieve this target first…
The company you have reported have not proven product to potential offtakers, sourced financing, let alone completed the FEED. So maybe a bit presumptuous on their part.
We at ARU are ‘claiming’ to bring online 4,400Mt of REO not including saleable byproduct and the ability to process third party product (refer the MoU).
This notice makes our project at ARU look very impressive. Again, nothing concrete, but I like that we are all focused on the one goal of NdPr, and it’s world class.
If only we can close?
General Discussion, page-1068
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