I think the main issue is money and resources. It seems that a separation plant is extremely expensive not only for budget but also for other resources like water, electricity, chemicals, and know-how. I think it is a different discipline from mining and extraction. It is more like chemical science and a chemical factory. Therefore most RE startups starting to sell only MREC. I think the separation plant can cost around USD $500m.
In my opinion setup VML + ReeTec = LYC in near future.This combination will perfectly work for EU market. Also, I thought that LYC would be more active in the EU market but now it seems that LYC is more focused on Japan and US market.
VML General Comments - Chat, page-5996
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