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21:03
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Originally posted by DrJamison:
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Just throwing my 2 cents in the mix, I see in the short term (12-15) months VML is a no brainer. The North T is a great resource its easy to mine, easy to separate a win for VML and a win for REETEC. The downside is that it is very finite and is only enough to sustain VML for a few years, less if there is additional offtakes.
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Sorry to be the one, but what happened to the R&D in 2010 to take demand away from rare earths? I think you'll find production went up and countries traded more RE's between each other. Demand has actually never dropped, on a whole it's only ever risen and will continue to do so. Demand for individual RE's do fluctuate though.
(20min delay)