Of the previous 35 imported minerals into the US from China only 5 now remain tarrif free and appear critical in supply.
On that list was of course REE. But also interestingly fluorspar. Both of which GGG supplies.
https://news.cgtn.com/news/3d3d514f344d7a4e34457a6333566d54/index.html
Fluorspar is continuing its meteoric price rise.Both bouyed by southern mine closure in China and import restrictions via Mongolia. Much like HRE. Forcing a restriction of supply to China, the worlds biggest fluorspar supplier. Its price has doubled since the last feasibility in 2016 wth continued good prospects in store and analysts bullish in the main.
It seems zinc also continues to rise in price eqully as well again almost doubling since the last feasibility.
http://www.infomine.com/investment/metal-prices/zinc/all/
Finally Uranium, which appears the most impressive continues on its emerging bull rally 2018 starting off a very low base and rallying almost 40% to just shy of $29 (off a previous boom that reached $130)and tipped to be a strong performer from most analysts googled. Spot prices still need to double to $60ish before most producers would even be viable enogh to reopen. Alll while GGG would be selling absent the competition with a production cost of virtually zero as uranium is a by-product..
Heres a good overview of the current/future prospects;
https://www.youtube.com/watch?time_continue=378&v=CCfn-ecgofs
GGG remains within the world top 5 biggest uranium sources in the world. It also has been lifted by large mine closures in recent years, reducing stockpiles and concern again by the US on its supply.
Plus the demand profile into the years ahead is huge with many nuclear reactors due to open.
https://www.*****.com/commentaries/2019-02-01/Uranium-Still-Heading-Higher.htm
HREs have had a large push in prices this year with some of the rare earths of which GGG intends to supply a sizable amount rising almost 30% this past year alone (Dysporsium).
It seems like every byproduct GGG offers is booming and of what REEs arent lifting. They are all tipped to begin a long like bull run off their own as we know and why the shift in focus toward to REE investments in recent years. With short term outlook looking good given the Mongolian REE import closure and the Chinese reducing export due to limiting supply from enternal southern source closures. This may be the start of it.
https://news.metal.com/newscontent/100927044/import-ban-on-myanmar-ore-bolsters-medium-to-heavy-rare-earth-prices/
No wonder GGGs preliminary feasibilty results are looking so jaw dropping and I cant wait to see the newly updated feasibility study in these next few weeks with all these increments in price and recently reported huge reductions in Capex and Opex costs... all factored into this final impressive well awaited picture
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