From my perspective, the economics of Clay extraction are not favourable without Government subsidies.
LAC's Thacker Pass got a US$2.26b DoE loan at treasury rates. GM threw in another US$625m for a stake in the project. That is big money to develop a 40ktpa project. Doubt the US Gov under Trump will do the same for Jindalee. Even so, the capex required for the rate of production is very high.
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