wa1 Chart, page-2622

I think all the deposits wurly mentions are low grade rubbish and hence high capex …. I would not take too much notice as luni is high grade and a freak of a deposit.

hopefully the high grade rare earths at luni can be further proved and this makes deposits like Dubbo and niocorp and globe look like poor investments. Asm and aru have been around for a decade and not in production so it shows us that low grades are not wanted.

India will be the growth area of the future and China will have to takeover countries or regions too grow as they are aging and also losing manufacturing to cheaper places like Vietnam, Thailand , basically any third world Asian county with low manufacturing costs.