Jan: Steen isn't a big mine, certainly not a Mt. Weld. But they are working to expand it and the $value/ton of ore mined is the highest in the world. That mine isn't Great Western! It actually is an ree alloy and specialty metals manufacturer (they just happen to also own a mine for internal consumption) and that is where they will get 80% of their profits--that is where the really big money is in ree (they actually came up with the idea of ree vertical integration that Molycorp is doing such a poor and discombobulated job of trying to copy--Moly even tried to buy GWM). I own it as my ree manufacturer and Lynas as my ree miner. Thorium isn't a serious problem and they already had a license to store any radioactive waste on-site.
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Jan: Steen isn't a big mine, certainly not a Mt. Weld. But they...
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