Interesting article in todays Australian by Robin Bromby on p26 with the heading "Rare Earths' Tide Turning".
The focus of the article is on the positive progress NTU is making and the that "the tide seems to be turning with some of the demand destruction which took place in 2011-12 (when buyers mainly Japanese baulked at the high prices being demanded) is now being recovered".
The article quotes that Terbium pricing has climbed nearly 50% since November and Dyprosium more than 20%.
The article also says that "Northern Minerals seems to be emerging as a lead player, mainly due to the composition of its deposits…..NTU's deposit has a large preponderance of the heavy (and valuable) rare earth elements".
"The big selling point is the 8.79% content being made up by Dysprosium, used in magnets for electric vehicles, wind turbines and electronics. More than half the deposit consists of Yttrium which, while nearly as valuable is linked to the vital LED lighting sand optical fibre industries".
The article is balanced with shorter reference to other RE companies including, Molycorp, Lynas, Greenland Minerals, Hastings, Arafura and Peak.
I expect to see more positive main stream articles on NTU over the next few months; particularly if the 'rarer' Rare Earths continue to climb in value, NTU moves closer to production and the market wakes up to NTU's 'true worth'.
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