ARL 3.30% 47.0¢ ardea resources limited

Good morning all,The trade war may turn out well for us.The US...

  1. 412 Posts.
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    Good morning all,
    The trade war may turn out well for us.
    The US wanted Greenland for its rare earths potential. But this looks like it is not happening. So its attention is turning to Australia, with even the suggestion of setting up development plants.
    https://www.breitbart.com/national-security/2019/08/27/u-s-seeks-partnership-australia-break-chinas-hold-rare-earth-mining/
    https://www.aljazeera.com/ajimpact/australia-set-rare-earths-plant-190828022406271.html
    https://www.bloomberg.com/news/features/2019-08-28/greenland-s-rare-earth-minerals-make-it-trump-s-treasure-island
    We have the potential to triple the world's production of Scandium, which is as low as 17 tonnes a year. An American processing plant may create a demand for our Scandium 'blanket' at GNCP.
    Also, this will turn America's attention to our cobalt and nickel. China also has over 80% of the world's cobalt supply locked up.
    Maybe the market will wake-up.
    DYOR
    BE
 
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