IVA 0.00% 21.5¢ inova resources limited

re: Ann: Merlin Resource - World's highes... juggernauts,yes,...

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  1. 56 Posts.
    re: Ann: Merlin Resource - World's highes... juggernauts,

    yes, that is my point. Re is essentially a by-product of Mo. Mo is often a by-product of Cu when looking at the massive South American porphyry granitic deposits (eg Chuquicamata (Codelco) has 17 billion tons of ore in Chile). So Re is in a way a byproduct of a byproduct in many cases. Consumption of Re is very small and limited to defense/aerospace industries as far as I know. So, with a very small market mass production of Re will send the price for the metals south.
 
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