...“We will mine, let’s call it as an example 2 million tons of coal. And out of 2 million tons of coal, we’ll get, ultimately, once it’s refined, about 1,200 tons of oxide,” Atkins told WPR. “So it’s a tremendous amount of material that you have to mine and process to get a relatively small amount of very valuable rare earths.”...
So it isn't going to be much, and...
...Brook Mine is estimated to contain up to 1.7 million tons of rare earths and critical minerals within its coal, including 456 tons of the rare earths terbium, dysprosium, neodymium, and praseodymium, and the critical minerals gallium, scandium, and germanium, according to an independent analysis of the mine’s economic viability published last month. For context, the U.S. imported nearly all of the 10,000 metric tons of rare earths it used in 2023, per the U.S. Geological Survey. Once operational, Brook Mine is expected to produce 1,400 metric tons annually, Ramaco CEO Randy Atkins told CNBC.....
https://archive.is/eyK2G#selection-533.55-541.45
Hope this helps, y'all are great at informing and assessing, hope this helps.
LYC Price at posting:
$12.62 Sentiment: Buy Disclosure: Held
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