It saddens me to hear the news about Arafura, when it could have been us. We used to be one of the three most important rare earth companies outside of China, had new processing technology to compete with Chinese price monopolies and had an invitation to join forces with Molycorp at Mountain Pass in the USA. LP said he knew nothing about rare earths when he took over, so unconscionably from my viewpoint he dumped all that work and investment and tenements, and fired all the talent behind it.
Rare Earths
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