ETM 6.12% 2.3¢ energy transition minerals ltd

REE Prices will Soar in the next 30 to 180 days, page-6

  1. 6,209 Posts.
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    You're right there rusty. Just a couple of other things - Mountain Pass is going to be processing/separating itself by next year (compensation payment to Shenghe as per agreement) - that is less concentrate shipped to China and Lynas is only licensed to ship a certain amount of concentrate into Malaysia and although they have a applied to increase such in the past few years - they are limited in growth until the new plant in Texas and Kalgoorlie come on line - so supply is becoming a serious issue as demand increases.
    A lot of that Chinese ore body has to be treated with toxic processing that presents the big environmental challenges China faces along with very mountainous terrain and illegal mining is also being squashed. All in all prices have/will dip and fluctuate as everything does however high prices are to remain. Will this help juniors find finance for permitting and development - well Shenghe will searching hard to find something of substance as their future concentrate supply plans are in dis array with Mountain Pass and GGG for the time being. Iluka and another that escapes me are years away from production/processing.

    True the comment on handouts from previous poster - Many African nations are the same - living and siphering on large global aide monies that sees them develop nothing except more graft and corruption.
 
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