Too many lithium explorers and finding the money to fund a cobalt mine is not easy if BAR is any indication. Even if they found cobalt they would sink a fortune in exploration and then may not find the dough to build a plant. OTOH the Browns Range plant is up and running and the only producer outside of China, even if for the moment is only a pilot plant.
Congrats NTU, you've proven the downrampers wrong and as GB said this is only the beginning.
" Managing Director and CEO, George Bauk, commented “The development of Browns Range is the result of years of blood, sweat and tears by an extremely talented and dedicated team from Northern Minerals, Sinosteel, Primero Group and other contractors.
“As all the pieces come together, Northern Minerals is on the cusp of a fundamental shift in
perceptions as we transition from an explorer to a quality supplier of essential ingredients to the electric vehicle evolution.
“Although the opening event is a momentous occasion, in reality it is just the beginning of a
prosperous future for the Company.”
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- Ann: NTU Browns Range Heavy Rare Earth Pilot Plant - May Update
Ann: NTU Browns Range Heavy Rare Earth Pilot Plant - May Update, page-19
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