Hi @littlefeat, good find, that article is somewhat related to...

Hi @littlefeat, good find, that article is somewhat related to another article I found in connection to my earlier post as of

01/06/21

02:02

Post #: 53550628

"The US understands the importance of REE’s and has designated rare earths as strategic materials.
The Biden Administration recently released its 100-day Supply Chain Review for critical components and materials. This review is crucial in the thinking of VML’s management. Geoff Atkins, Managing Director VML, has been keen to emphasise the importance of being within the bubble for US strategic materials. It “provides an incredible opportunity for Vital”, as it provides demand certainty and project protection in the long term.

VML reacted to this certainty and has already commenced drilling to define a mine plan for Stage Two at Nechalacho. Stage Two aims to increase scale and longevity, pushing down extraction costs and increasing overall value.

VML aims to become the lowest-cost producer of mixed REE oxide outside China and a key innovator in the REE supply chain."

So we will see hopefully a return soon to that CR level of VML !
I think, today was the beginning of that due reversal.