Hi,
FMG could make a big move into rare earth materials via their Vulcan JV with TAS in SA (see my earlier very detailed post on the REE subject).
FMG are currently drilling and exploring at Vulcan, therefore, further news as well as assays should be announced fairly soon.
It is early days, however, I would suggest that all FMG holders should keep a close eye on developments at Vulcan.
Cheers.
Iron ore price, page-26815
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