Ann: Appendix 3B, page-94

Here's another for you, go do a little DD on the monazite feedstock lying around all over the world, basic economics totally expose NTU for the nonsense it is:
Nuclear monazite comprehensive utilization project is scheduled to put into operation in 2019

Source: Nuclear Group


On January 12, 2018, CNNC and CNOOC signed a cooperation agreement in Beijing to set up CNNC Chuang Rare Materials Co., Ltd. together.
The newly established CNNC Huachuang was jointly funded and set up by three units of China Uranium Co., Ltd., China Atomic Energy Industry Co., Ltd. and CNNC New Energy Investment Co., Ltd. under the China Nuclear Construction Group. It was approved by the Ministry of Industry and Information Technology, the State Bureau of Science and Technology, the Ministry of Environmental Protection , Hunan provincial party committee and government and other state ministries and local government support.
After the establishment of CNNC, it will capitalize on its assets, franchises and other links as a link, with the help of China's exclusive rights to uranium mining uranium mining, the import and export of nuclear radioactive metals and the environmental protection advantages of nuclear investment, Associated with the comprehensive utilization of radioactive mineral resources leader. The company's first project - Hunan monazite comprehensive utilization project, will start the construction in 2018, is scheduled to be completed and put into operation in 2019, and on this basis to the rare earth industry chain upstream and downstream force, is expected to develop into 10 billion by 2030 Level business.