ARU 0.00% 12.5¢ arafura rare earths ltd

I keep hearing this "rare earths are not rare" expression....

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,377 Posts.
    lightbulb Created with Sketch. 169
    I keep hearing this "rare earths are not rare" expression. What's the point?

    Some "rare earths" ARE actually very rare (very low crustal abundance); others are not (La, Ce, Nd, for example). More are rare than not. So the expression is partly wrong already.

    It is quite rare to find any of them in concentrated deposits; it is rare to find any of the so-called "rare earth elements" in any deposit over 1%. You can look up almost all ex-China deposits in Gareth Hatch's TMR Rare Earth Index. www.techmetalsresearch.com/metrics-indices/tmr-advanced-rare-earth-projects-index/

    The rarest thing about them is this: Given the unusual distributions of elements (which often includes radioactive elements!) AND the highly-varied market value of them AND the difficulty of beneficiating and separating them, it is proving VERY rare to find economical deposits of them.

    IN FACT, at this point in time, there's only ONE miner/processor in the ex-China world making money mining "rare earths": Lynas Corp.

    That makes Lynas a rare find indeed.

    "Rare earths are not rare" - what total bullshite.

    Good Luck Arafura. I mean that. We need more ex-China Nd supply security and Nolan's look like a very nice deposit, comparatively speaking.

    GLTA.
    Last edited by Chemist1959: 29/04/18
 
watchlist Created with Sketch. Add ARU (ASX) to my watchlist
(20min delay)
Last
12.5¢
Change
0.000(0.00%)
Mkt cap ! $381.9M
Open High Low Value Volume
13.0¢ 13.0¢ 12.5¢ $422.7K 3.310M

Buyers (Bids)

No. Vol. Price($)
103 4486645 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 1453366 10
View Market Depth
Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
ARU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.