Even though this company has big question marks regarding "making progress" in some of the projects, the REE development appears to be gaining some momentum. Ucore recently gave a presentation at the PDAC conference & ABX was mentioned as one of the possible supply chains. Other verbal presentations also promote Australia as a likely possibility. Their RapidSX technology based in Louisiana appears to have an edge on current Chinese methods (plant size is approximately 30% the size of a current Chinese processing chain & has the ability to very efficiently utilise each of those processes). Ucore also appear to be in the final stages of creating an end product (with a definite cost edge). Worth doing a bit of research on the process.
An excerpt from Hallgarten & company report & the one of the presentation pages from PDAC this year:
A lot of REE prospects on the market with no possibility of transition to the supply chain. Not saying ABX REE will happen, but it does look more hopeful than a lot of others !!!
Add to My Watchlist
What is My Watchlist?
