ARR 2.17% 23.5¢ american rare earths limited

Things that make me go Mmmmmm, page-23

  1. 2,795 Posts.
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    Amigos, more smoke and mirrors and blah blah blah from 2ic, our new Lifeless. Don't be fooled by the jargon. The fact is there is a huge difference between:
    1) MP's method of heating its ore in a rotary kiln roaster with oxygen and concentrated sulphuric acid (H2SO4) at 600 degrees C, and
    2) ARR's method of calcining (heating without concentrated acid and with low oxygen).

    For a start, MP's conditions of "Acid/Bake Cracking" are orders of magnitude more corrosive on the gear than ARR's calcining conditions. So ARR's method requires much less capex and opex. But don't take my word for it - listen to the CEO Donald Swartz who says: it is a major breakthrough for ARR to have a flowsheet which avoids "Acid/Bake Cracking". The flowsheet from ARR shows it will calcine its concentrate at every stage, not use rotary kiln acid bake. And we haven't even needed to mention the fact that ARR's development will not be plagued by radioactive waste. And further, Donald Swartz has said it will be on State land where is has a much simpler procedure for permitting and a shorter time-frame. And that Halleck Creek is the largest of the USA's rare earth deposits, and is capable of decades and decades of producing enough rare earths for the entire country. Good luck all.
 
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