my thoughts on the roadshow presentation may be able to use these for questions in the eastern states
metal of next decade RE
transmission for new cars mainly involves RE stepper motors pervasive nature of rare earths in technology increasing demandjohnsons in HK producing 4.5 million micromotors a day...when questioned "per day" answered yes neodymium in energy efficient micromotors replacing ferric magnet motors. stronguse in windmills phillips are making 1.3 million plasma tVs per month. Samsung etc similar outputs saves weight in the car industry. car inustry willing to spend $$$$ to save wt to save energy Korean list of needed commodities ...RE 5th. Growth rate for RE usage is many times greater than for iron ore for example key to value at nolans neodymium aiming at non chinese market as chinese are exporters. Japanese adamant they wont deal with chineses as lose all their patented technologies in china as not protected there. "Japanese have no choice but to do a deal with arafura. Non chinese growth rate for Re is 15% ore body expected to be much bigger.
transport from mine site no great problem. If mine has a 30year life would consider arail spur 1 ton of ore produces half ton waste . Could mine it with 1 digger and 2 trucks difficulty not mining but processing. Problem lies with the chemicals to process. Need a chlor alkali plant in conjunction with a sulphur plant. Getting a third party to build plants next to mine is a possibility . This would save on reliance on importing chemicals and therefore decreasethe costs dramatically. have presumed in their PFS that they will have to import chemicals and work on the possibility may need to do this for 2 years . Anyone wanting to build a plant would more than likely need to be shown that it would be profitable b4 they commit sulphur planrt can be used to power the chloralkali plant...synergy. pilot plant necesary They said their conservative approach to this issue was one of the reasons the market swung away from Arafura JV partners..."strong interest from methodical european company" ..german??....also non chinese ...Japan?? Also these JV interests may be able to supply chemicals as this is one of their branches.Would not elaborate Aichi steel....part of toyota mentioned during questions
mentioned Kurineelli gold long way off, need someone to spend time deveoping. Don't want to sell off as it may be v. profitable considering POG Sa and Wa their best markets for fertilizer Arafura has engaged the Australian Nuclear Science and Technology Organisation (ANSTO) 2009 mine commissioning
ARU Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)